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Post# of 129966
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mythical_phenix

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mythical_phenix

Re: A deleted message

Tuesday, 01/17/2017 4:32:15 PM

Tuesday, January 17, 2017 4:32:15 PM

Post# of 129966
Actually it is an additional 200 million shares. Regardless of what the auditor claimed in the most recent 10K, the authorized was 1.1 billion prior to the increase to 1.3 billion.

As for the 'debt free' claim. I just have to wonder about that. We know that "The Company routinely issues convertible debentures with no interest rates that are due on demand." From the most recent 10K.

Are those a form of debt? Sounds like it to me but I ain't no accountant. Also, we don't know what, if any, convertible debentures are currently outstanding. Personally, I'd like to know that.

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