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Borrowing millions @ 20%. Lol how does he do it? My god.
Keep that toxic funding rolling.....
The Company amended its convertible note agreement, dated November 23, 2016, with Auctus Private Equity Fund LLC to allow for additional principal borrowings. As of July 13, 2018, the Company has borrowed an additional $36,000 in principal under this amended convertible note agreement.
Through July 13, 2018, Auctus Private Equity Fund LLC has converted $17,805 in note principal and/or accrued interest payable into 712,203,700 shares of the Company’s common stock.
Through July 13, 2018, Auctus Private Equity Fund LLC has converted $5,021 in note principal payable into 200,828,600 shares of the Company’s common stock.
How do you guys expect to unload shares when Auctus is getting there's @ .000025? Dumping into 1s is a 4x return for them at that price. Math doesn't add up for retail. Sorry guys.
Ha my man went off the deep end. Mod squad swooped in quick. Musta really hit a nerve.
Yup, will take over a billion before retail gets their hands on anything. Pretty criminal but all legal. What can ya do? Even worse when you consider the payback of the 22k was from high interest. Toxic makes out like a bandit on these.
Geez what happened here? They dilute this down to trips? Haven't been here in a while.
Might get slaughtered again due to outages. Race of time to see if they can make it until September's new pricing. Don't see how the shorts still don't go crazy on this knowing that ATM will be rolling to keep em alive.
Keep that toxic funding rolling.....
The Company amended its convertible note agreement, dated November 23, 2016, with Auctus Private Equity Fund LLC to allow for additional principal borrowings. As of July 13, 2018, the Company has borrowed an additional $36,000 in principal under this amended convertible note agreement.
Through July 13, 2018, Auctus Private Equity Fund LLC has converted $17,805 in note principal and/or accrued interest payable into 712,203,700 shares of the Company’s common stock.
Through July 13, 2018, Auctus Private Equity Fund LLC has converted $5,021 in note principal payable into 200,828,600 shares of the Company’s common stock.
How do you guys expect to unload shares when Auctus is getting there's @ .000025? Dumping into 1s is a 4x return for them at that price. Math doesn't add up for retail. Sorry guys.
Atleast some good news coming out of these.
1. Effective December 15, 2015, Mr. Viola entered into a $685,000 convertible promissory note agreement with the Company and forgave all remaining amounts outstanding at that time. The note matures on December 15, 2018 and bears interest at a rate of 10% per annum. Mr. Viola has the option to convert any portion of the unpaid principal balance into the Company’s common shares at any time.
Viola will need to get some action to get himself paid off
2. There is about 275k of payables that will need to be paid.
3. 8 million NOL.....lol he will be dead before this company would ever need to pay taxes.
Question is does Viola have a million dollar news release in his pocket? That is what it's gonna take. Happy retirement play Mr. Viola.
2s are certainly the bottom. Please ignore the 100+ mil dumped into 1s
Earnings are AH today.
Odd that they are putting out 13g's @ 1.6 mil. No way thats still correct.
Geez man, guy has a family. You don't have to murder him.
It's been 16 years so far so he's probably close. Another 6-7 years would be my guess.
Will be another push to drive this down in 20 minutes. Then we shall see.
You needed to avg down and flip out.
Pushing higher. Statement leaked?
Let's try this again.
Bashing --> Truth
Tomato --> Tamato
Could be huge. With NFL around the corner this is way oversold.
Tomorrow might become the biggest shitshow to date.
No problem. Sometimes it's hard to see the light in the sewer:)
Just pointing out that it doesn't matter what CEO says because history shows he's full of it
Per CEO news end of July....
That's pretty comical that anyone would ever buy that story. Next week maybe.
Read the stickies, breakout soon
So not getting preferred shares?
Seems like play 8s get out at 10 and be happy.
When can I cash in my preferred shares?
Got out at .165 before the robots got there.
That is pretty clear at this point.
Only 900? Damn I thought we were still touting a Billion? Everythings fine lol
I think people actually see the bigger picture. Arthur can put out whatever he wants but facts are he hasn't been successful in a decade of pulling it off.
Next week should be big.
I'm going for silence for a few months then 8-k about potential deal. Then silence then "deal fell through".
Green close is nice.
Honestly there are so many people who don't even follow this but I get the point you are making.
You would have to imagine this gets rocked this last hour.
2's= Next week breakout. Next week. Next week. Next week. See ya at Thanksgiving.
When 1s hit= Man they are painting down trying to shake out shares.
When 3s hit= Going to the moon.
This has been explained over and over. Toxics need to be able to cash in. Viola needs toxic money to pay himself, rent, whatever. If no one is buying/flipping then these guys aren't going to lend more money. Very simple equation.