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its in their 2017 financials that 121 million note shares were sold in 2017. are you disputing that?
the holder of the note is sign, or sign and drive, that inactive company is a subsidiary.
lastly, we will see if barron told the truth when he said no lender converted shares were sold. We know by their financials they sold 121 million shares in 2017. did he mean in first quarter, because its already not true for 2017.
the .003 being the fixed price for convrrsion of shares that are now at .32, so a conversion rate thats what, 100 times cheaper then price
the lender is an insider. the insiders approved the addendum to the notes, changing from eight percent interest to the unconscionable fixed rate of .003. Its a breach of fiduciary duty, and in my opinion fraud to pay back two million with 500 million. on its face its fraud.
its fraudulant insider notes. They all are in legal jeopardy if they dont fix it, like now or like yesterday. The fixed conversion rate is basically nothing.
vargas are you currently in or out?
potns 2017 audited financials show note share sales of at least 121 million shares in 2017. page 13, note 12. hello. how can he say they arent selling?. if quarterlees show more sales in first quarter he in big big touble ya?
first quarter numbers will probably show 500 million new shares dumped by note holder vacarro
bazuly better get answers on notes and the answers better be good.
why didnt they use the money to pay off notes instead of bitcoin?
if i had to predict, potn will be down two, three cents again absent really good news tomorrow
all pot stocks flying. potn hitting note wall block sales.
80k note wall
they just released audited financials for 2016 and 2017.
tell mazuly to ask who the shareholders of sign and drive auto are, the noteholders. I might send potn a cease and desist letter on the fraud notes.
if not for the toxic notes, potn would be almost as good as xrp. maybe potn could use xrp instead of bitcoin.
the difference in these notes is that the lender is an insider at a fixed, pathetic rate.....fraud. much different then say 10 percent market price, its fixed at .003. They are all liable. they better fix it
the first 15 minutes should be on the notes, will probably spend 10 seconds
if notes are paid with current share price, 10 million is doable.
if notes are paid at .003, thats over a billion shares and straight up fraud
10 million shares at current price would eliminate 3.2 million.
billy, a stupid question, can they only convert enough shares to pay off loan amount. or does 3.2 million divided by .003 is the amount they can convert?
for benefit of board
more note selling, they better adress this now
put it this way, if they dont stop the toxic, dumping, selling, dilution i will sue everyone of them and turn it into a class action. I will give them 30 to 60 days to clean it up.
I JUST SENT THE FOLLOWING EMAIL TO INVESTOR RELATIONS
Dear Sir or Madam
The issue of the outstanding promissory notes, conversion at ridiculously low rates (.003 per share), and the ongoing dilution to shareholders, needs to be immediately addressed and redressed by management.
For starters, Mr. Barron and Mr. Goulding need to give specific answers and timetables for retiring these notes on the mich bazuly radio show.
These insider notes represent clear breaches of fiduciary duties, if not worse, should they continue,. This needs to be resolved NOW, not some unknown time in the future.
Please respond with specifics on the radio and to my email in regards to these outlandish notes.
its the stupid notes. These must be taken care of NOW. bazily needs to get firm answers on the notes.
can someone send an email or facebook to mick mazzuli to get specifics and timeframe on the notes during interview
where on the diamond website does it show a tally of ongoing product sales/orders.
vargas, i was in early, made a lot. After audit i have started back in as i think the notes will be taken care of and there is too much good to be ignored. as an insider, vacarro will have to capitulate and have the notes paid off. hopefully i have not jinxed this. i predict 2.2 million in march for 6.2 for the quarter. if it goes down waiting for quarterlies, will average down.
lol, they keep borrowing on notes, up to 3.2 million at fixed conversion .003. Probably added in this first quarter. Know your facts before laughing too much bra.
billy, do you see any possibility of reverse split. What could they do to raise funds to pay off notes if agreed to by vacarro?
vacarro, an insider with now defunct sign, makes .344 on every share he sells at .003. He has a billion of them.
vargas, dilution now has you in the red. vacarro thanks you though for your purchase
read the audit, no retirement of shares yet. its right there in black and white in the audit.stop lying
charles vacarro thanks you for buying his shares. Only 800 million to go. In 2017, he unloaded 430 million. notes are now 3.2 million and rising per audit
Per the audit, they added 430 million shares in 2017. With similar dilution rates in 2018, their plan probably IS a reverse split to uplist. They have not retired the 300 million shares per audit. Not per me, per the audit....its been at least six months. The "process" to retire the shares is most likely the reverse split. Will wait for that and note renegotiation.
congrats on audit coming out. few thoughts after review:
---430 million shares issued in 2017
---total outstanding shares 570 million. 300 million still in process of being retired.
---notes now 3.2 million, fixed conversion rate on most
---no inventory, all drop ship from suppliers, they dont do any manufacturing
---auditor could not get bank verifications, only statements from the company. (all they would need is to speak with banker and get them ordered)
---the two lawsuits indicate that it is probable more shares will be issued to settle those
a reverse split would be the nail in the coffin for investors. Numbers look similar though
yep, they can say 10 or 20 million in revenues for this quarter. Nothing is verified. phantom numbers to pump stock to dilute. Forget what they say, never true, at least in regards to audit.
to the moon, the week of march 19th