Logiq Inc (LGIQ)

[liable]

LMAO!!!!!! No Dilution??????

10K December 2014 when Brent took over:

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10627409


Authorized 10,000,000,000 shares at par value of $ 0.00001 each
Issued and outstanding 46,256,568 shares as of December 31, 2014


10Q June 2015

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10855464

Issued and outstanding 626,323,723 shares as of June 30, 2015

In six months, the OS was diluted by 580,067,155 DUH.

Adjusted for RS, the 250 million AS is actual 250 BILLION and current OS of 12,626,024 would actually be nearly 13 BILLION SHARES!!!!!

In less that a year, the OS has gone from 46 million to an adjusted 12.6 BILLION and that is not dilution??????????
LMFAO!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Also, the convertible notes were not paid off, the company has no cash.


Debt-to-Equity Conversions

As the terms of conversion to equity of the convertible debentures outstanding at December 31, 2014 of $303,491 have lapsed, these have been reclassified as Other Payables.

This is from the most recent 10Q

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11028738



MY information is from the filings, you will find them very helpful. In all my years I have never seen such massive dilution on any shell. That is why people aren't touching this POS. Anyone with a basic understanding of math won't ever come near this.