Tuesday, November 25, 2014 6:55:31 PM
The A/S "reduction" paperwork was received by NV on 8/21/2014. The paperwork was denied because it was full of errors and was sent back to OTHM for corrections. The second draft was received on 9/19/2014. The file date was 9/24/2014.
How did I predict that there was going to be a R/S all the way back on 8/21/2014? MENTIONED THE R/S IN THE PAPERWORK IN THE FIRST DRAFT. YOU'RE WELCOME.
Did the A/S reduction take place? NO.
Use some common sense. The O/S was approximately 1.82 BILLION shares when that reduction was filed. Per the fine print in the 11-page document, the effective date of the A/S INCREASE was scheduled to coincide with the pending 600/1 R/S which ultimately executed on 11/12/14. That's how they slipped it through.
The effective date of the A/S INCREASE was 11/12/2014
The paperwork for the 11/12/2014 split was received by NV on 11/7/2014.
The 600/1 split took executed on 11/12/2014
If you haven't figured it out yet after all these months.. they did EXACTLY what I told you they would do.
They put out a misleading A/S reduction to convince the shareholders that they were going to follow through on their promise. However, they simultaneously executed the R/S at the same time that the "reduction" applied in the OTC system. It was an INCREASE that took place after the R/S. A double blow to the shareholders.
The A/S should be 3.33 million without the A/S "reduction". With the "reduction", it should be 333k. Is that even possible? NO.
Here is where it stands now:
The correct A/S should be 3.33 million.
The A/S is showing up as 20 million and 200 million through various sources.
Someone please explain that. You got screwed. BIG TIME.
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