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lebrewski

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lebrewski

Re: Elcappy1 post# 28045

Sunday, 12/21/2014 3:05:29 PM

Sunday, December 21, 2014 3:05:29 PM

Post# of 38564
getting the debt paid off yes, but at the expense of retail investors, not by using their revenue. which is how it should be paid off. The issue with paying debt this way is that WHEN they reverse split, all of our investments will be worth a lot less. especially if they continue to pay off debt in this manner after the R/S. which is almost ALWAYS what happens. kinda like it did for sttk in 2009, then again in 2013,

http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=9009737-4432-5354&type=sect&tabindex=2
2013 sttk r/s 1 for 1200

http://www.wikinvest.com/stock/Smart-tek_Solutions_Inc_%28STTK%29/Recent_Corporate_Developments
2009 sttk r/s 1 for 250

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