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Re: decouverte d Elbe post# 22858

Monday, 12/15/2014 10:10:57 PM

Monday, December 15, 2014 10:10:57 PM

Post# of 24254
There is mention of impending dilution in at least five places in the current filing. Here is one example:

Occasionally, the Company sells shares below market value to raise cash to fund operations. The discounts from market are treated as compensation for officers and directors. For non-officers and directors, the discounts are netted against proceeds as a “cost of issue.”





http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10341160

Total Current Liabilities 2,311,546 2,079,394 (2013)

Cash $ 8,166

I guess the new "merger and acquisitions consultant" is one the payroll now.

Professional fees 95,742

I wonder what kind of services he/she provides being as no one in their right mind would want to merge with SMKY and SMKY has zero feasible acquisition targets.

SMKY has no legitimate financing.

SMKY has no legitimate business period IMO.

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