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Re: JPetroInc post# 950

Friday, 06/30/2017 11:18:09 PM

Friday, June 30, 2017 11:18:09 PM

Post# of 1189
They've diluted the heck out of the stock. That's why. Insiders keep awarding themselves millions and millions of shares.

Here is just one example:

In addition, on June 20, 2017, in consideration for the deferral of certain conditions precedent set forth in the June 2017 Agreement, the Company and the June 2017 Investor entered into a letter agreement pursuant to which the Company agreed to sell the June 2017 Investor an aggregate of 10,000,000 shares of the Company’s common stock at a price of $0.00001 per share for aggregate consideration of $100.



http://ih.advfn.com/p.php?pid=nmona&article=75082344

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