Pulse Beverage Corp. (fka PLSB)

[ChinaDude]

DISGUSTING! Well spin as u may but truth is a major lie was told when it was sworn to be on this site Friday that there was 502 mil shared OS and dang 633 mil shares, of which 300 mil plus shares were converts and sold by OLD MAIN, even though it was told they weren't sold. Sales sucked and a lousy 33 k cases sold. SO MUCH FOR ANOTHER YATES BS CALL FOR PROFITABILITY. While the headline read 500k in reduction of debt, just look at the filing financials and it doesn't add up. Debt is 1.57 mil and there is a ton of new debt issued at egregious terms again that isn't accounted for since the filing numbers on balance sheet through June 30 but new converts were added after June 30. I also love the term that debt is considered "hybrid equity" since PLSB ADMITS it won't pay off debentures and just let convert. What a bunch of knuckleheads as now they basically open themselves up for selling in a distribution with the intent to sell shares. UH OH CAN YOU SPELL TROUBLE! The hoodwink continues and revs were low and more debt issued and more and more lies. Sick and it just gets sicker