Revolutionary Concepts Inc (fka REVO)

[Krysti]

Carter and Ali pay themselves with shares, Cycle40
So they will be issuing themselves more shares.
The conversion rate may be at $0.0035.
Depending on the conversion rate they could require 114m shares to pay themselves.

The problem is that they have only 300m of authorized shares left in the kitty.

That's why they need to authorize more shares, and top-up the kitty, by authorizing more shares with a private placement.

BUT they're doing this at the same time that they're telling investors the company is sitting on an annual royalty flow of $millions, from their exclusive global licensee, and $millions more from Greenwood.