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That is a FALSE statement. Per OTC OS is 17,805,234 as of Oct. 24, 2017. Why would you want to mislead people? That is also in the last 10Q.
Read the last 10Q. 77.5 million shares convertible in April. Something like 6 million for the broken unwanted by RAF jets. Up to $12 million worth sold at 10% discount with the LOC.
.08's will be here soon. You should dump and buy back when the .08 GAP fills. IMO
It's coming soon.
If their share price were .25 they would be able to access about 425k of that line of credit. They can never sell lender more than 9.99% of the OS. The line of credit is total BS. Can never be fully accessed unless they DILUTE the hell out of this and get OS we'll over 100million. And by then the pps would be so low they still couldn't get it. What a joke!
Wouldn't touch it at this pps. Do have order GTC at the .08 GAP.
Yep, and that BS line of credit won't help. Can only get 9.99% of OS. At current price that's like $270k. Can never get the $12 mil unless share price goes to $7. LOL. Or they Dilute the hell out of this to get OS up to 150million.
Agreed, will be there and beyond when Q hits.
Yes please panic. I want my .08's.
Best to wait for the .08 GAP fill. Or maybe .003 like Pennies thinks.
Back up to 2's today!! Run will be starting soon.
So glad to see you here, you done with that POS TMP$? Came to make money instead of continually losing. LOL
8K was very positive. This one moves north next week.
You are absolutely right. the Lender is smart. Per the 8K under PUT AMOUNT: The lender can not lend more than about $300k to the company at current share price. Share price would have to be $7 for them to be able to lend the full 12 million. And you don't think that 77.5 million convertible at .08 would convert way before that price? Get real!! So they really have NO $12 MILLION LOAN.
Put
Amount
” shall mean the total dollar amount requested by the Company pursuant to an applicable Put. The timing and amounts
of each Put shall be
at the discretion of the Company. The maximum dollar amount of each Put will not exceed three hundred percent
(300%) of the average of the daily
trading dollar volume for the Company’s Common Stock during the ten (10) trading days
preceding the Put Date. No Put will be made in an amount
greater than three hundred thousand dollars ($300,000). Puts are further
limited to the Investor owning no more than 9.99% of the outstanding stock of the
Company at any given time
What's your thoughts on 77.5 million conversion in April 2018?
Like I said, You would not answer a simple question. LOL
Sticky DILUTION. 77.5 million @ .08 on April 28 2018. And $12million worth as of current share price is another 60 million. Plus another 6.7 million for plane purchase, but will most likely be more since share price plummeted since deal was made.
Wow, sorry for my bad. It's April 28 2018. I was wrong on date. But it still gonna convert only 2 months later.
So you are saying the 10Q filed by the Company has ZERO credibility????? Well maybe, it does say all financials are UNAUDITED!!!
FROM THE LAST 10Q from JUNE 30, 2107 page 11
8.
CONVERTIBLE
DEBT
On
April 28, 2017, the Company entered into a Note Purchase Agreement with Santiago Business Co. International Ltd, (“
Santiago
”),
regarding its 10% Senior
Secured Convertible Note due April 28, 2018, in an aggregate principal amount of $6,200,000 (the “
Note
”)
and Santiago transferred to the Company certain
shares of capital stock of a subsidiary of Santiago, Bluebell Business Limited,
a company limited by shares organized and existing under the laws of the British
Virgin Islands (“
Bluebell
”).
Interest payments on the Note are due quarterly until repayment of the principal amount, which is due April 28, 2018. The Note
is
convertible by the holder into 77,500,000 shares of common stock of the Company (conversion price of $0.08 per share).
If
the Note is fully converted by the
holder, the holder would receive shares representing 82.3% of the Company’s share capital
outstanding as of June 30, 2017 (taking into account the shares issued
upon conversion of the Note).
And on top of that DILUTION there will be another 77.5 million shares convert in Feb of 2018 @ .08. Wow this is just a dilution machine.
If they chose to fund that offer, at current share price will add 60million shares to the OS. Plus They will be discounted 10%? DILUTION!!!!!!!!!! Plus how many shares will be added to OS IF this plane deal ever closes? DILUTION!!!!
Yes, won't be long now. This ticker is coming back to life. Once news gets released people gonna have to chase.
Agree it will run once the GAP is filled at .03!!!
Going back to 2 today. Little to no 1's left. This lotto about to pay off soon.
Down only 15% today, perfect time to load up,LOL. Been hearing that crap all the way down from $1. Get a clue folks, this is going under a dime, most likely to the .03 GAP. All those revs in their filings were UNAUDITED, therefore might not be real. Why were they not audited????
This thing gonna blow up the last 30 mins.
Anytime 1's come up they get taken out real fast. This is gonna run soon
I have a contact at the north pole and he said his elfs had heard of GIFA. LOL
Down another 11% at the moment. Billionaire doing great things here. Not.
Hope you made some $ on that play I commented you on twitter the other day.
Pretty slow here today, but picked up another 45k.
Yep. I believe news will be coming shortly here. Been quiet way to long. Insiders own 5 billion shares. They gonna make this move.
This goes up 100% tomorrow with no news, IMO.
Like I said, 1's were in short supply. Get ready for takeoff.
Every dog has his day.
He's gonna run it into the ground and milk it dry like some other companies he's taken over. He's not a billionaire because he cares about companies. He is because anytime he can make a buck he does. Why do you think he's not financing anything for this company himself? If he believed in this company he would do his own financing. Not find some outside investor to give all that profit to from supposed share price increase in the future.
Not many 1's left. People better load the boat before this ship sails.Lot's going on behind the scenes here. She's BAAAAACK!!
Have they paid off that $6.2 mil that converts into 77,500,000 shares at .08 on April 28th 2018?
So quadrupling the OS is a good thing? I thought there was a billionaire owner. Why doesn't he finance the Company? Hmmmmmmm. Guess he has no faith in getting his money back. 60 million shares for the financing deal, and another 77 million the owner will convert beginning 2018. That's 137 million. Right now it's 17 million. So 154 million OS that's almost 9 times the current share structure. Maybe that's why no volume and price nose diving.