Sack Lunch Productions Inc (SAKL)

[Blizzld]

Complaints are not the problem. Accidents are not the problem. The business is not the problem.

What is the problem is the never ending pile of stock from preferred shares. You really have to understand you dont know whether this thing will have 200 million shares or 2 billion shares. It is too complicated for most people to figure out but all you have to do is read.

The amount of shares outstanding DOES MATTER. Especially when they hatch to be sold at any time.

Like I said this is great business, a new interesting forward looking business in a world that values "experiences". I sold this thing at 10x the current price.

This capital structure has butchered this company. Surber, the other insiders should cancel a boatload of stock and fix the structure here. No one can invest real money with endless stock to be hatched from convertibles.

If they raise the money in the REG A (all of it) the document says this is the fully diluted shares..

970,565,651 <----thats right 970 million.

Now they are attempting to merge with another company for a promissary note and even more shares?

who knows how many more shares.

But sticking with a billion to make it easy... a 10 cent price would be a 100 million dollar market cap. The market cap now is about 2 million dollars.

See the numbers make no sense which is why the stock has been going straight down