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Post# of 133793
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Sheepdog

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Re: Arnold25764 post# 86405

Friday, 10/09/2015 8:45:45 PM

Friday, October 09, 2015 8:45:45 PM

Post# of 133793
There wasn't room to issue shares. The commitment to service the toxic debt was way more than the available shares authorized. Although hotly denied, this was discussed in depth ad nasuem 6 weeks ago. At that time, I showed he had to increase the Authorized within 2 months even with the most optimistic viewpoint.

BTW, his filing showed the O/S was over 6.9 Billion at the time of the R/S. This is yet another 40% dilution just since the filing you referenced.

I have no humble opinions, but I do have opinions and those are what I express in my posts. BUT...I have been wrong before and likely will be wrong again so do your own research and don't blame me if you are too lazy to do so.

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