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Re: hockeypond post# 38794

Saturday, 04/22/2017 6:09:01 PM

Saturday, April 22, 2017 6:09:01 PM

Post# of 50022
Well that was the plan when Sullivan wanted to increase the Authorized shares, Delgado decided to not do that and withdrew the the notice to increase.
As noted in several of the filings they now do not have shares to offer for convertible debt, they already pretty well maxed out all they had available and actually have existing debt holders they do not have enough shares to fulfill the obligations to them at this time.
That is why i say either a reverse split will happen or the authorized will be increased to about 1 billion

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