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Hey now lets not get carried away lol
My Email Response From Dan&Phil about T/A
I asked Dan about the Gagged T/A and this was his response and Phil's response after Dan Forwarded my email to him......
Wasnt the answer we were looking for but nice to see they took the time out to respond....I guess no more Share counts til Quarterly reports.....
Well obviously that's not gonna happen.... If he has the cash just pay the notes so they won't need the reserve so you can keep the AS reasonable.....
Oh I can't wait for this press release.....
Exactly "Several " note holders demanding a 3 billion share cushion?...Which equates to 3 million dollars if converted at 0010....And were supposed to have 500k in debt left supposedly....
I don't think so.....
As a result of the continuing low market price of the Registrant’s common stock and the Conversions, several Note holders have repeatedly required increases in their Reserves equivalent to many times the total possible number of shares that could be issued from their conversions greatly inflating, and escalating, the total number of shares required to be set aside by the Company as Reserves. Such increases have again eroded the number of authorized shares of common stock in the Registrant’s treasury resulting in an inadequate remaining amount of shares available for general business purposes. Therefore to maintain an adequate quantity of common stock in its treasury for future uses, the Registrant has had to again increase the number of shares of its authorized common stock.
You don't need debt reserves if your debt free....
That press release is gonna be filled with a bunch of excuses on why we still have so much debt left.......
Ok answer this.....If were almost debt free why are debt holders demanding a cushion to convert?...
Were supposed to be debt free and conversion coming to a end instead we have 3 billion shares added.. Most likely cause the OS was getting close to 4.5 billion and we need room for the extra debt to convert....
I'm just saying how can Dror be so blind to think we were almost debt free and now we have 3 billion more shares to convert......he should of have some idea.....He's not totally innocent here...
Stuff like this is why the OTC is always situational.....
And stocks you love can crumble in a second... smh..
Don't you think the CEO should have a better idea of his debt situation and not just rely on the CPA?
Well I Guess this play is done....That totally kills the run.....
Wow... So the reason for the raise was for more dilution now?...
We have to blow to 3 billion more shares?...
No way in hell
I hope the CEO doesnt convolute this into a excuse to recant on his RS promises...
How do we have a proper price appreciation for the rest of the year with a 8 billion AS......
Nothing sweet about 8 billion shares.....Until that gets figured out any other PR will be trumphed by the Authorized Shares....
People are impatient....Want quick bucks in the OTC... This week was to be filled with catalysts instead it's filled with disappointment....
Well the stock hasn't tanked yet off the level it's been at so I can't see how people lost money already.....
Better set those sells tomorrow though....
Luckily I'm out without a loss...
Can't wait to see a PR with him explaining this situation
I have a fricken sticky you can imagine how I feel right now lol
Sucks man all we needed was the Financials they could of kept the rest lol...
I say we bounce around 0008 and 0014 til this gets sorted out....and 0014 would be a gift with this uncertainty
Trading in the OTC is always situational...
"Never fall in love with a stock."..
It's not assumptions if you follow the filings...
They knew about the AS raise for almost 2 weeks and said nothing....Just let us keep buying into the dilution hoping for a end when in all reality they were about to raise the AS roof
This was turning out to be such a great opportunity and just all crumbled.... smh
Well I don't know about that....These stocks are frustrating but when it Pans out it Pan$$$$$ out..
Stupid momentum killer....I was all ready to risk and now we have late Financials and a bigger AS Because of this?...
Well I'm unsympathetic... If this situation makes this stock a bad trade temporarily then I'll be on the sidelines with my powder.....
How do you know?...Not pressing just saying...
Exactly, were looking at double the risk factor when it pertains to the share structure now ...
And for me Share Structure is one of the first thing I look at when I'm looking for a stock to trade....
Thinking about it....What's a "multi multi million" dollar deal.....His grammar is terrible.... Just trying to fluff up the news
They still have revenue and still have real products I just need some explanation on the motive.....
Definitely no scam here...
That's what I'm doing.......We need a guidance PR ASAP to explain the AS increase.....
And the 10Q delay whether it's there fault or not doesn't help.....
OTCMarkets counts is outdated...AS is 4.5 billion and a filing was found today to raise it to 8 billion....
I Guess we get 10Q next week after new accountant looks over the 10Q this Terry fool worked on.....
Relieved at this fact but now Let's get that 8 billion shares figured out...
PLK* AND PMC* on that list.....Hmm also saw 8k from them aswell this story fits.....
These companies are gonna crush this guy.....
The auditing accountant resigned.....10Q delayed...
Does this make them non complient?
Even though they let us know on the 8k that it will be delayed they still only have 5 days from a NT of a Q to submit......
Might cause a yield sign on OTCMarkets....
0030 is a good near term target....