Wednesday, September 27, 2017 8:52:20 PM
First Quesstion. Have you heard back from the SEC and do you have the time and resources to get current?
"Yes, we have been in touch and we have the time and resource to get current."
With the PP will there be any restriction on shares?
"The shares will not be tradable for at least 6 months after conversion."
Will you need to be current for the PP to happen and will it change the share structure?
No, the PP investors will not need us to get current before advancing the money. I have advanced over $100,000 per month to keep the company running after receipt of the SEC notice.
"The PP will increase the number of shares on a fully diluted basis. If you are thinking of the shares flooding the market, I do not expect that to happen. The subscribers will all be investors"
We have at least 6 months to a year to enjoy this ride without the risk of dilution. 88 million roughly in the float. Minority ownership will go up a bit with the PP but I think we are golden here with incoming news. If things are as Sidney says and he has given me no reason to believe otherwise I don't believe he will bring in a investor who plans to short against the PP when shares would be available to come onto the market. At .05, restricted and Sidney's own money at stake to the tune of 20 million I like the chances of the investor or investors being very friendly. This is just my opinion
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