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Will not be a R/S for awhile, but never, don't kid yourself. Once they have used up the additional 2BL shares they have authorized, they will have no choice but to R/S.
May take awhile, but that's they way it works. Then again, the scary thing with this beast is, with all the debit they have, if they move quickly to clean it up, they could run thru that 2 BL shares rather quickly.
One thing I feel strongly about, with in a month we will no longer be at 1 cent or above and will not revisit until there is a R/S. Not with the 2BL A/S increase. IMO
No volume. Dead Money here.
That's what I thought, you have no documentation. NVSOS has it as approved, it has already been raised........Done deal 3BL A/S.
Now as far as "as needed" That A/S will hit the outstanding and float.... as needed.
Read it for yourself, provided the link. Big Increase in Authorized....
Actions\Amendments
Action Type: Stock Split
Document Number: 20130381279-06 # of Pages: 1
File Date: 6/7/2013 Effective Date:
Previous Stock Value: Par Value Shares: 1,010,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 1,010,000.00 New Stock Value: Par Value Shares: 3,000,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 3,000,000.00
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=tJBinSZ7sSvBgBHMDY9Awg%253d%253d&CorpName=ALL+AMERICAN+PET+COMPANY%2c+INC.
MY DD. Shows increased from 1 Bl to 3BL.
Thanks for the heads up. Did nit know A/S was tripled.
If sales are so good, why would they need to do this?
Think the Fin's are gonna be disappointing at best.
Now THAT's a fluff PR!
Things have changed my friend. Not the same company anymore. Read the last 2 PR's dates 5/1.
That freebie, was at a cost of what has/will happen to your common shares. Was that free? Hope you are able to recover at least some way down the road........
Looks like the news was not received well by the market
Ya do know, ya gotta LONGGGGGGGGGGG Wait folks............
Sit back and take it easy. Gonna me a long time till people realize the truth. That's what they want.....
Now they hit Clay per the 8K need excavator
Always something, need to sell shares. Looks like prefered offered are to protect from future R/S
They have outstanding on both classes of common.
Another new 8K OUT.
The last 10Q shows A/S 5BL Common class A AND 5BL Common Class B.
Is that 10BL total? Which are sold on the open market Class A or B or both?
Thank Goodness
Think there is more than one now it seems.....
Gonna have to offer those shares for nothin, and yes, preffered so they can R/S again.
They always have a reason for additional delay and expense.....
We thought there was a lot of shares hitting the Market before...With this PR, thats gonna look like a picnic shortly....
They always have a reason for additional delay and expense.....
Amazing... Some think that this thing will be around longer than IBM where they can have their Grandchild cash in on Preferred shares 20-30 years from now.... REALLY?
Time to Flatline?
Waiting for VFIN to more in.
They think they MAY have hit a Vein, but they DO know they need to sell shares to get at what they are not sure they have. Love it!
They can't give an exact figure on what they recovered?
More shares for sale......
Another form 4 filed
Didn't realize they just raised the A/S to 2BL. Know what that means, they plan on using them.......
Wow issuing shares Q does not surprise me. They are still issuing shares based on the MM's we have on ASK.
There is a reason the PPS is falling leading upto the CC
I see a new 8K out with shares sold/issued as low as .0009. No wonder we hit a new low. Not over yet.....
VFIN Just in at .0008
Another month ended.............
The way the Certificate is worded, it looks as if sending to TA for 1 share conversion to common every 6 months (or when allowed) is the only option. other than that, it remains a piece of paper. It reads as if you can't sell or transfer to another individual.
Why a PM to me from Digimaster rather than sharing the information to the Board. Or has the problem with ALL the ANDI Preferred "C" certificates sent out saying Preferred "H" on the back and "C" on the front already been widely discussed here and I missed it. His response to my post so all have the answer.
Those that have received your Preferred certificates, check to see if it says preferred "C" on the front and preferred "H" on the back. Hearing some have a problem....
Is it acceptable for a Publicly traded company to release Material information to a shareholder over the phone, any shareholder that calls and asks the right question, that has not been publicly released to all shareholders? If you don't call and specifically ask, you don't know?
Just asking...
Keep in mind if any PR comes out next week, and they way they have been popping them out, I have not doubt one will, it is still just testing and they are not in full production yet.
Also, for the last few weeks, each PR comes with VFIN selling shares and limiting any upward movement.
Citadel EFT, Inc.'s (OTCQB: CDFT) CEO, Gary DeRoos, announces that on May 24, 2013 the preparation of FINRA documents for the "Reverse Split" of its Common Stock. The Reverse Split ratio size will be disclosed in a US SEC FORM 8-K, after CDFT files the appropriate documents with FINRA.
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