Wednesday, May 11, 2016 12:11:47 PM
The filings never tell you who owned them which is typical of a pink sheet dilution scam like this.
I'm currently on a free account so I'm not able to search old posts on the forum to dig up any past discussions about who was using this ticker as their own person ATM machine through their Series B preferred share ownership.
thanks in advance!
It looks like a large chunk of them came from an old dividend to the common shareholder, but no doubt those remained restricted and required attorney letters that those common shareholders would have a hard time getting so I'm sure none of those were a part of those large free trading common share issuances above:
That means the dumping must have come from the Series B preferred shares issued for this transaction in 2011:
So who got those 1,500,000 shares of preferred series B stock? I'm sure those were the shares used to dilute this ticker to death.
If this ticker ever wakes up again I'm sure they still have a lot more to dump.
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