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Re: Crisco post# 22252

Wednesday, 07/15/2015 10:40:30 AM

Wednesday, July 15, 2015 10:40:30 AM

Post# of 46425
Dilution is dilution. If its at a some what slower rate is beside the point. The facts are that with this new deal the outstanding shares will be close to maxed so to account for note conversions they will have to either raise authorized shares or reverse spilt. This new deal will dilute the count by 125 million. and per the LOI the deal is only going thru if the money can be raised. I did calculations at .01 a share. Currently price is below .01 so more shares will have to be sold to finance the deal. Dilution will happen before deal is inked. Greg is selling yet another company to himself and doing it on the backs of shareholders. He makes money from the sale, but doesn't care about Single point because that is just the vehical to receive this money.....LOL, got em again Greg. Good job. I used to think you were an idiot but i do see how you are working this to your advantage, bully
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