That Marketing Solution Inc. (TSTS)

[bowlegtroy]

My quick assessment: basement boxed due to the debt defaults.

They need to come up with a plan to either

1. Monetize their CBD oil process and production
OR
2. Come up with other revenue streams (and fast).
OR
3. Claim bankruptcy. My honest opinion is that they should claim bankruptcy to get out from under their debt, and/or sell their claimed assets ("Aqua V Micellization process" and "scaled micellized CBD Oil production") to restructure their debt and get out from under some of their problems.

Otherwise the pain will likely continue as convertible debts are extended for penalties (pushing them further into debt and spiral).

Filings and other sundry data to support this:

http://secgems.com/att/0001010412-15-000203.nc.1.htm
http://secgems.com/att/0001604232-16-000162.nc.1.htm
http://secgems.com/att/0001604232-16-000164.nc.1.htm

http://secgems.com/att/0001548123-16-000450.nc.1.htm
On Page 2:
"Indicate the number of shares outstanding of each of the Registrant’s classes of common stock, as of the latest practicable date:

January 15, 2016 - Common – 516,442,769"

But the financial table below that shows:
"Common stock; $0.0001 par value, 1,500,000,000 shares authorized, 461,526,102 ..."

Between Nov 30, 2015 and Jan 15, 2016, they issued 54,916,667 million shares. We've seen no filing since, so we don't know the structure after that. They owe several hundred more million according to the filings. They also got nasty penalties on the default of their debts. The financial statement shows debt and default and concerns on pages 6-7.

Based on volume in May, the remainder of the 900+million available to be issued, may have been issued, or issued for the default convertible notes. I haven't done the full math here yet, but it doesn't look good.

Time to monetize a their tech/production, or get rid of it, and move on.