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Thursday, September 26, 2013 9:14:01 PM
One of Joe Canouse's prior pennystock rig jobs, Stakool (STKO) was quoted at 0.0001 just before the 1 for 100 reverse split a short while ago.
His NHSH was just REVOKED and DELISTED in August.
His QASP now has a TOTAL MARKET CAP of only about $175,000.
A trail of littered wrecks, massive dilution, and reverse splits.
With piles of broken investors left behind.
Joe Canouse - owner (along with Alfie) of the American Premium Water Corporation (a PRIVATE Georgia corporation) and financier and holder of EXPU preferred shares. (Where did that $900,000 debt on EXPU's balance sheet come from anyway? - LOL!)
Makes sense for them to REVERSE SPLIT this 1 for 100 and then issue themselves huge convertibles or preferred shares for the "consolidation" of their PRIVATE Georgia corporation APWC and the publicly listed EXPU, then convert to common or just short against the box and cover later by conversions of the convertible notes or convertible preferreds - DILUTING THE URINE OUT OF EXPU shareholders even after a crushing REVERSE SPLIT.
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