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Re: DFLY post# 55

Tuesday, 02/07/2017 12:15:51 PM

Tuesday, February 07, 2017 12:15:51 PM

Post# of 85
OS 16m now post closing of the RM..but keep this in mind since was a shell and sec fully reporting don't see any hitting the market anytime soon. Years maybe. All notes etc are insider based from what ive dug into. No randomies getting paper. Will see what these cats can do here. Still would like a FS. But a move to dollars be ok too. Looking to chip if get the chance at more down here.

In connection with the Secured Bridge Note, on January 31, 2017, the Company issued 439,595 shares of Common Stock. The issuance of Common Stock was made in reliance on the exemption from registration provided by Section 4(a)(2) of the Securities Act, because the issuance did not involve a public offering, the recipient took the shares for investment and not resale and the Company took appropriate measures to restrict transfer. The Company did not pay underwriter discounts or commissions in connection with the foregoing transaction. As a result of the foregoing issuance, the Company has 16,299,937 shares of Common Stock outstanding as of the date of this report,


As for that 70m number..insider stuff used for their majority stake but may never be converted if I'm reading into this correctly. Will see what haps.


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