Leet Technology Inc (LTES)

[Sobek]

We exchanged a few emails well over a year ago but I haven't had any reason to contact them since. There's really nothing he could share from any questions I'd have w/o violating insider info rules which I know he wouldn't risk. Plus they do an excellent job with constant 8-K filings and PR's. Since Jan of 2016 they've released well over 60 filings and press releases, tons of info there to go off of. He wouldn't be able to comment on what they plan on doing with the s/s anyways. 

I do take the Nov 15th PR as an indication they know their s/s is an issue. If The Doheny Group (TDG) would of demanded more commons when they bumped up funding to 2,200 units, the full ratchet on their guaranteed 9.99% position would of kicked in against them. The CEO would've been forced to increase the o/s to not only issue them shares, but to maintain control and meet the difference as well.

The o/s COULD of been destroyed and TDG share value could of decreased despite the increase in their position. I figure the bullet they dodged despite letting go roughly a 30% increase in their position, was a 25% increase in the o/s, the pps would of most definitely crashed.

I hope that PR and the SC-13G calculating the o/s at 16.9 million means they plan on doing something about it and are.

BTW, one company you mentioned should be going current this week... http://www.otcmarkets.com/stock/UAMM/filings