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Re: kennypooh post# 26487

Thursday, 03/23/2017 9:33:40 AM

Thursday, March 23, 2017 9:33:40 AM

Post# of 68548
You will see a slow parade of more old SEC reports until they catch up. they now need to do

1) 10-Q's for the first 3 quarters of 2015;
2) a 10-K for the year ended 12/31/2015;
3) 10-Q's for the first 3 quarters of 2016;
4) a 10-K for the year ended 12/31/2016; and
5) a 10-Q for the first quarter of 2017

You have to do this sequentially to bring yourself back into SEC compliance. I wouldn't be surprised to see the 2015 10-Q's yet this month (one after another separated by a day or so).

The hardest part of these filings is to go back and measure the derivative liabilities for all of the convertible (toxic) debt they have issued and then recompute the potential share issuance on conversion at each of these dates. It is a lot more shares that could be issued.

Once they get current wouldn't be surprised to see another reverse stock split

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