DD Support Board and Research Team

[nodummy]

SAFSD - am I reading this right?

http://www.otcmarkets.com/stock/SAFSD/profile

http://www.otcmarkets.com/financialReportViewer?symbol=SAFSD&id=144951

SAFSD did a 1:1000 reverse split January 6, 2015

Then in March of 2015 they issued 1,010,000,000 shares to the CEO so that they could issue 100,000,000 shares of stock to toxic lender Acquest Capital Group Inc (Melville Hicks, Jr) for a debt conversion and allow it to be free trading (9.9% ownership). It looks like the stock was issued at $.0001/share for $10,000 worth of debt. According to the filings, Acquest Capital Group Inc only had a $20,000 debt Note which they were issued on March 31, 2014.

Then they did a 1000:1 forward split on September 24, 2015

This gives Acquest Capital Group Inc 100,000,000,000 free trading shares of stock for $10,000 worth of debt ($.0000001/share).

Based on the historical trading activity for SAFSD since Acquest Capital Group Inc got those shares in March of 2015 pretty much none of those shares had entered the market yet. They obviously knew a forward split was coming so they held all their stock until after the forward split.

http://ih.advfn.com/stock-market/USOTC/safer-shot-inc-SAFSD/historical


Today somebody (probably Acquest Capital Group Inc) paid Stock Tips for a promo alert on SAFSD and it looks like they are wasting no time unloading as many of their 100,000,000,000 free trading shares as they can.