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Re: Dream post# 308726

Thursday, 04/27/2017 1:14:37 PM

Thursday, April 27, 2017 1:14:37 PM

Post# of 383654
CHZP $ 0.0027 AS raised twice and concerns around it being at 2B. Here's the response from the President of CHZP.


Alexander Starr <alexander.starr@chesssupersitecorp.com>
11:06 AM (3 minutes ago)

to me
X, let me address the AS concern. Each increase costs time, $$$ (legal fee, filing fee, accounting notes etc.), so we wanted to get it out of the way all at once.

The biggest single issue in the past was investors's concern that with shares a few months ago trading around $.50 with say, 20 M OS valuation ($10 M) was too reach. Perhaps. It was even before our site chessstars.com became operational.

So now with 180 M OS at $0,003 the valuation is about $0,5 M. Its 20 times lower then a few months ago! And we are talking about the company with a tested product, World re-known person being a senior Adviser, plus an International Patent pending. Replacement value (if somebody would started this from the scratch) would take 2-3 years time plus $2-3 M cash if not much more! The company is booking its first revenue, and has all reasons to look forward in the future!

Regards,

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