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Re: NorthShoreTrading post# 3214

Friday, 03/27/2015 7:29:20 PM

Friday, March 27, 2015 7:29:20 PM

Post# of 21832
you all are clamoring about nothing. if you do your due diligence you would understand that pazoo is no where near 1 billion shares outstanding. my guess is the outstanding now is about 400 million. thats it. however read the 8k's and filings and you will see that on a simple $50,000 convertible note they did that it would convert into only about 5 million shares or so forth but has 50 million shares in reserve. the reserve shares are not outstanding shares and do not count against the outstanding. but the investment groups want to make sure the shares will be available for them and they estimate 10 to 20 times the amount of shares to have in reserve and right now from my count from the filings there is about 500 million shares in reserve. so if they have 400 million outstanding give or take a little plus the 500 mill in reserve that leaves only 100 million left for reserve shares. pazoo appears to be on an aggressive growth plan and if they need to raise any more money for capital expansion then the next investor is going to require shares to be put in reserve. thats the obvious reason for the authorized increase. also as these convertible notes they entered into convert then the remaining reserve shares get cancelled and become available. i think pazoo is making this move bc they will need additional capital for oregon and possibly other states soon and would not be able to raise the money without the increase bc they need to reserve shares for the next investor. i do not believe the outstanding will ever get remotely close to a billion shares outstanding. no where near it. this is about having space for the investors to have reserve shares and nothing more.