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It might get a dead cat to possibly .03 - .038 but thats it. Anybody in higher im afraid is going to come out on the losing end. The 1.00 price pickers are long gone with their money when it hit .25 and left all the bag holders. To many shares sold down here, all those will be out in the high 2s to low possible high 3s. If it bounces at all! Looks like Gary Oberman learned from Rene Arbic how to take investors money.
Thank you
I agree bud, it should bounce shortly.
Im suprised this hasn't started north yet. At least to the .032 - .039 area
Not sure what this means?
Your welcome. I do have some good news.
This from the transfer agent.
Good Morning,
Please information below. Have a great day!
Buildablock Corp.
Authorized: 100,000,000
Issued and outstanding: 35,608,379
Restricted: 12,613,884
If you any concerns or need additional assistance from our management team, please do not hesitate to contact us.
"Ask about our new online platform, iPST."
Thank you for your business!
Danielle Case
The float increased to 22994495, that is actually around what I said it would. The good news is they haven't diluted further. So by my calculations the dilution should be about over. You all just might start seeing an increase in PPS if the company comes out with solid PR's with substance.
GLTY
The 10Q is what 30 days old. That leaves even more dilution happening.
because you say so? I post numbers you post nothing but words
Actually I have proven my claim. Look at the 10Q and annual.
There are NO shorts in this stock. The company is diluting and the way it looks are diluting even more than my original numbers which came from the Annual and the 10Q. I don't have to stake any reputation as the numbers are the numbers period.
Possible buyers of this stock please read this. Very much dilution the numbers don't lie,
Check me by looking at the annual and 10Q
5000000 free trading shares were given in Feb, 2014 these have all been sold as the float went from 5mil to 11 mil
In May another 6600000 shares were given as free trading shares, these are being sold right now, that’s what the stock price is way down.
Another 3453000 free trading shares haven't even been given yet and will eventually hit the market for more dilution.
There is another 10,053,000 shares that will/are being diluted.
Unless something drastically changes, this stock isn't going anywhere for a while.
This is from the annual report
A. In December 2013, the Company issued, in two separate private transactions exempt from
registration pursuant to Rule 144(b)(i), a total of 5,000,000 shares of common stock to Appinero,
LLC (as to 2,500,000 shares, David Loflin - President) and Colins Capital, LLC (as to 2,500,000
shares, James Kaufman - President), in connection with partial conversions of a promissory note of
the Company, pursuant to two separate cancellation of debt in exchange for stock agreements. Under
these agreements, a total of $500.00 of the existing debt was cancelled by the issuance of such
shares, a conversion price of $.0001 per share. These shares were issued free of restrictive legends
and such shares are free-trading shares.
At the annual report
the A/S was 100,000,000
and O/S was 28,937,979
with a 5 mill float
the Quarterly
the A/S was 100,000,000
the O/S was 34,537,979
with a float of a little over 11 mill
as you can see by the statement from the annual the 5 mill were free trading shares
As you can see between the annual and the quarterly the O/S did in fact go up.
Gary didn't lie to me the float was in fact 5 million but he lied about when the finacials were going to come out because he needed to sell some shares.
The company did in fact by the numbers dilute a little over 5 mil
Here is info from the 10Q
Subsequent to February 28, 2014, the Company has issued shares of common stock, as follows:
A. In May 2014, the Company issued, in two separate private transactions exempt from registration
pursuant to Rule 144(b)(i), a total of 6,600,000 shares of common stock to Appinero, LLC (as to
3,300,000 shares, David Loflin - President) and Colins Capital, LLC (as to 3,300,000 shares, James
Kaufman - President), in connection with partial conversions of a promissory note of the Company,
pursuant to two separate cancellation of debt in exchange for stock agreements. Under these
agreements, a total of $660.00 of the existing debt was cancelled by the issuance of such shares, a
conversion price of $.0001 per share. These shares were issued free of restrictive legends and such shares are free-trading shares.
So more dilution on the way. This stock isn't going up anytime soon.
Outstanding Shares. As of June 6, 2014, there were 34,537,979 issued and outstanding shares of the Company’s common stock. Currently, there are an additional 3,453,000, unissued shares that underlie the currently convertible portion of a debt instrument.
Good luck with that, there are no shorts.
No this is not true, costs to much to short a stinky pinky.
Yes it is numbers dont lie
700k more dumped/diluted
Good question, I actually thought about that yesterday, i will research.
Very good news! This is going to help and add legitimacy to the company.
It will help the PPS once the news becomes wide spread!
RD,Im sorry I dont agree with you. I have been stating dilution, the numbers show dilution and hopefully we are at the end.
RJ,
I member marked you. You are an honest and decent trader and I completely repect that. Beleive it or not, I dont like seeing anybody lose money as that sucks.
I hope it doesn't get to my number but if it does I will be there.
I have also private messeged Gary on Linkedin lets see if he answers, he has seemed to dropped contact since April from everyone.
Good luck Sir
The dilution I have been talking about is hopefully almost over. Maybe this is the last of the dump.
I hope its not individuals in "the know" that are bailing, that wont be pretty if its the case.
If the stock gets to .011 Ill pick up some for the flip in the low to mid 2s.
Ek,
You should be good by my calculations the dilution should be close to over as long as they dont add anymore free trading shares to the process. You probably wont make a buck a share but you can flip this one from here im sure.
Good luck to you Sir.
A big volume day and still went down why? We still have a bit more to go on dilution:
Check me by looking at the annual and 10Q
5000000 free trading shares were given in Feb, 2014 these have all been sold as the float went from 5mil to 11 mil
In May another 6600000 shares were given as free trading shares, these are being sold right now, that’s what the stock price is way down.
Another 3453000 free trading shares haven't even been given yet and will eventually hit the market for more dilution.
There is another 10,053,000 shares that will/are being diluted.
Unless something drastically changes, this stock isn't going anywhere for a while.
This is from the annual report
A. In December 2013, the Company issued, in two separate private transactions exempt from
registration pursuant to Rule 144(b)(i), a total of 5,000,000 shares of common stock to Appinero,
LLC (as to 2,500,000 shares, David Loflin - President) and Colins Capital, LLC (as to 2,500,000
shares, James Kaufman - President), in connection with partial conversions of a promissory note of
the Company, pursuant to two separate cancellation of debt in exchange for stock agreements. Under
these agreements, a total of $500.00 of the existing debt was cancelled by the issuance of such
shares, a conversion price of $.0001 per share. These shares were issued free of restrictive legends
and such shares are free-trading shares.
At the annual report
the A/S was 100,000,000
and O/S was 28,937,979
with a 5 mill float
the Quarterly
the A/S was 100,000,000
the O/S was 34,537,979
with a float of a little over 11 mill
as you can see by the statement from the annual the 5 mill were free trading shares
As you can see between the annual and the quarterly the O/S did in fact go up.
Gary didn't lie to me the float was in fact 5 million but he lied about when the finacials were going to come out because he needed to sell some shares.
The company did in fact by the numbers dilute a little over 5 mil
Here is info from the 10Q
Subsequent to February 28, 2014, the Company has issued shares of common stock, as follows:
A. In May 2014, the Company issued, in two separate private transactions exempt from registration
pursuant to Rule 144(b)(i), a total of 6,600,000 shares of common stock to Appinero, LLC (as to
3,300,000 shares, David Loflin - President) and Colins Capital, LLC (as to 3,300,000 shares, James
Kaufman - President), in connection with partial conversions of a promissory note of the Company,
pursuant to two separate cancellation of debt in exchange for stock agreements. Under these
agreements, a total of $660.00 of the existing debt was cancelled by the issuance of such shares, a
conversion price of $.0001 per share. These shares were issued free of restrictive legends and such shares are free-trading shares.
So more dilution on the way. This stock isn't going up anytime soon.
Outstanding Shares. As of June 6, 2014, there were 34,537,979 issued and outstanding shares of the Company’s common stock. Currently, there are an additional 3,453,000, unissued shares that underlie the currently convertible portion of a debt instrument.
Is there a link yet to the news, this is really big
Only a message machine.
Actually its simple math and reading!
Actually I haven't been saying dilution for 6 months that is incorrect.
I never said 40 million i said another 10 million in dilution
5000000 these have already been sold + 6600000 in process of being sold+ 3450000 are ready to be sold = 15,050,000 in dilution
Then I said they can dilute up to 100 mil if they choose.
Please if you are going to quote me, please get it correct.
Now in saying that, i have NEVER seen large volume not push a stock price up. Lately there has been Large volume and the price has not gone up ==== dilution.
This is a coin flip stock. Once they are done diluting maybe and just maybe it will go up. I have seen these types of plays and everybody lately is getting into the MJ market who knows could be real, but i have my doubts.
Im sorry but the Annual and 10Q clearly shows dilution. After they are done selling these 10 mil, they can dilute all the way up to 100Mil if they choose. I completely disagree that there is no dilution, Im sorry.
RD2014
It is very clear from the Annual and 10Q the company is selling shares probably to raise capitol. But they are selling and diluting none the less. Once they are done the PPS might start to climb but not right now.
Today 1091000 shares sold and PPS down again. This has to be the 10 mIl shares being diluted
Im just letting everyone know why the PPS isn't going up is all. In my opinion the PPS wont go up until they are done selling all the 10 mil shares they have to offer. Not anything against anybody just simple information.
Check me by looking at the annual and 10Q
Still more to dilute.
5000000 free trading shares were given in Feb, 2014 these have all been sold as the float went from 5mil to 11 mil
In May another 6600000 shares were given as free trading shares, these are being sold right now, that’s what the stock price is way down.
Another 3453000 free trading shares haven't even been given yet and will eventually hit the market for more dilution.
There is another 10,053,000 shares that will/are being diluted.
Unless something drastically changes, this stock isn't going anywhere for a while.
This is from the annual report
A. In December 2013, the Company issued, in two separate private transactions exempt from
registration pursuant to Rule 144(b)(i), a total of 5,000,000 shares of common stock to Appinero,
LLC (as to 2,500,000 shares, David Loflin - President) and Colins Capital, LLC (as to 2,500,000
shares, James Kaufman - President), in connection with partial conversions of a promissory note of
the Company, pursuant to two separate cancellation of debt in exchange for stock agreements. Under
these agreements, a total of $500.00 of the existing debt was cancelled by the issuance of such
shares, a conversion price of $.0001 per share. These shares were issued free of restrictive legends
and such shares are free-trading shares.
At the annual report
the A/S was 100,000,000
and O/S was 28,937,979
with a 5 mill float
the Quarterly
the A/S was 100,000,000
the O/S was 34,537,979
with a float of a little over 11 mill
as you can see by the statement from the annual the 5 mill were free trading shares
As you can see between the annual and the quarterly the O/S did in fact go up.
Gary didn't lie to me the float was in fact 5 million but he lied about when the finacials were going to come out because he needed to sell some shares.
The company did in fact by the numbers dilute a little over 5 mil
Here is info from the 10Q
Subsequent to February 28, 2014, the Company has issued shares of common stock, as follows:
A. In May 2014, the Company issued, in two separate private transactions exempt from registration
pursuant to Rule 144(b)(i), a total of 6,600,000 shares of common stock to Appinero, LLC (as to
3,300,000 shares, David Loflin - President) and Colins Capital, LLC (as to 3,300,000 shares, James
Kaufman - President), in connection with partial conversions of a promissory note of the Company,
pursuant to two separate cancellation of debt in exchange for stock agreements. Under these
agreements, a total of $660.00 of the existing debt was cancelled by the issuance of such shares, a
conversion price of $.0001 per share. These shares were issued free of restrictive legends and such shares are free-trading shares.
So more dilution on the way. This stock isn't going up anytime soon.
Outstanding Shares. As of June 6, 2014, there were 34,537,979 issued and outstanding shares of the Company’s common stock. Currently, there are an additional 3,453,000, unissued shares that underlie the currently convertible portion of a debt instrument.
RJ here is why.
Check me by looking at the annual and 10Q
5000000 free trading shares were given in Feb, 2014 these have all been sold as the float went from 5mil to 11 mil
In May another 6600000 shares were given as free trading shares, these are being sold right now, that’s what the stock price is way down.
Another 3453000 free trading shares haven't even been given yet and will eventually hit the market for more dilution.
There is another 10,053,000 shares that will/are being diluted.
Unless something drastically changes, this stock isn't going anywhere for a while.
This is from the annual report
A. In December 2013, the Company issued, in two separate private transactions exempt from
registration pursuant to Rule 144(b)(i), a total of 5,000,000 shares of common stock to Appinero,
LLC (as to 2,500,000 shares, David Loflin - President) and Colins Capital, LLC (as to 2,500,000
shares, James Kaufman - President), in connection with partial conversions of a promissory note of
the Company, pursuant to two separate cancellation of debt in exchange for stock agreements. Under
these agreements, a total of $500.00 of the existing debt was cancelled by the issuance of such
shares, a conversion price of $.0001 per share. These shares were issued free of restrictive legends
and such shares are free-trading shares.
At the annual report
the A/S was 100,000,000
and O/S was 28,937,979
with a 5 mill float
the Quarterly
the A/S was 100,000,000
the O/S was 34,537,979
with a float of a little over 11 mill
as you can see by the statement from the annual the 5 mill were free trading shares
As you can see between the annual and the quarterly the O/S did in fact go up.
Gary didn't lie to me the float was in fact 5 million but he lied about when the finacials were going to come out because he needed to sell some shares.
The company did in fact by the numbers dilute a little over 5 mil
Here is info from the 10Q
Subsequent to February 28, 2014, the Company has issued shares of common stock, as follows:
A. In May 2014, the Company issued, in two separate private transactions exempt from registration
pursuant to Rule 144(b)(i), a total of 6,600,000 shares of common stock to Appinero, LLC (as to
3,300,000 shares, David Loflin - President) and Colins Capital, LLC (as to 3,300,000 shares, James
Kaufman - President), in connection with partial conversions of a promissory note of the Company,
pursuant to two separate cancellation of debt in exchange for stock agreements. Under these
agreements, a total of $660.00 of the existing debt was cancelled by the issuance of such shares, a
conversion price of $.0001 per share. These shares were issued free of restrictive legends and such shares are free-trading shares.
This is why you have volume and no increase in price.
Check me by looking at the annual and 10Q
5000000 free trading shares were given in Feb, 2014 these have all been sold as the float went from 5mil to 11 mil
In May another 6600000 shares were given as free trading shares, these are being sold right now, that’s what the stock price is way down.
Another 3453000 free trading shares haven't even been given yet and will eventually hit the market for more dilution.
There is another 10,053,000 shares that will/are being diluted.
Unless something drastically changes, this stock isn't going anywhere for a while.
This is from the annual report
A. In December 2013, the Company issued, in two separate private transactions exempt from
registration pursuant to Rule 144(b)(i), a total of 5,000,000 shares of common stock to Appinero,
LLC (as to 2,500,000 shares, David Loflin - President) and Colins Capital, LLC (as to 2,500,000
shares, James Kaufman - President), in connection with partial conversions of a promissory note of
the Company, pursuant to two separate cancellation of debt in exchange for stock agreements. Under
these agreements, a total of $500.00 of the existing debt was cancelled by the issuance of such
shares, a conversion price of $.0001 per share. These shares were issued free of restrictive legends
and such shares are free-trading shares.
At the annual report
the A/S was 100,000,000
and O/S was 28,937,979
with a 5 mill float
the Quarterly
the A/S was 100,000,000
the O/S was 34,537,979
with a float of a little over 11 mill
as you can see by the statement from the annual the 5 mill were free trading shares
As you can see between the annual and the quarterly the O/S did in fact go up.
Gary didn't lie to me the float was in fact 5 million but he lied about when the finacials were going to come out because he needed to sell some shares.
The company did in fact by the numbers dilute a little over 5 mil
Here is info from the 10Q
Subsequent to February 28, 2014, the Company has issued shares of common stock, as follows:
A. In May 2014, the Company issued, in two separate private transactions exempt from registration
pursuant to Rule 144(b)(i), a total of 6,600,000 shares of common stock to Appinero, LLC (as to
3,300,000 shares, David Loflin - President) and Colins Capital, LLC (as to 3,300,000 shares, James
Kaufman - President), in connection with partial conversions of a promissory note of the Company,
pursuant to two separate cancellation of debt in exchange for stock agreements. Under these
agreements, a total of $660.00 of the existing debt was cancelled by the issuance of such shares, a
conversion price of $.0001 per share. These shares were issued free of restrictive legends and such shares are free-trading shares.
So more dilution on the way. This stock isn't going up anytime soon.
Outstanding Shares. As of June 6, 2014, there were 34,537,979 issued and outstanding shares of the Company’s common stock. Currently, there are an additional 3,453,000, unissued shares that underlie the currently convertible portion of a debt instrument.
Check me by looking at the annual and 10Q
5000000 free trading shares were given in Feb, 2014 these have all been sold as the float went from 5mil to 11 mil
In May another 6600000 shares were given as free trading shares, these are being sold right now, that’s why the stock price is way down.
Another 3453000 free trading shares haven't even been given yet and will eventually hit the market for more dilution.
There is another 10,053,000 shares that will/are being diluted.
Unless something drastically changes, this stock isn't going anywhere for a while.
This is from the annual report
A. In December 2013, the Company issued, in two separate private transactions exempt from
registration pursuant to Rule 144(b)(i), a total of 5,000,000 shares of common stock to Appinero,
LLC (as to 2,500,000 shares, David Loflin - President) and Colins Capital, LLC (as to 2,500,000
shares, James Kaufman - President), in connection with partial conversions of a promissory note of
the Company, pursuant to two separate cancellation of debt in exchange for stock agreements. Under
these agreements, a total of $500.00 of the existing debt was cancelled by the issuance of such
shares, a conversion price of $.0001 per share. These shares were issued free of restrictive legends
and such shares are free-trading shares.
At the annual report
the A/S was 100,000,000
and O/S was 28,937,979
with a 5 mill float
the Quarterly
the A/S was 100,000,000
the O/S was 34,537,979
with a float of a little over 11 mill
as you can see by the statement from the annual the 5 mill were free trading shares
As you can see between the annual and the quarterly the O/S did in fact go up.
Gary didn't lie to me the float was in fact 5 million but he lied about when the finacials were going to come out because he needed to sell some shares.
The company did in fact by the numbers dilute a little over 5 mil
Here is info from the 10Q
Subsequent to February 28, 2014, the Company has issued shares of common stock, as follows:
A. In May 2014, the Company issued, in two separate private transactions exempt from registration
pursuant to Rule 144(b)(i), a total of 6,600,000 shares of common stock to Appinero, LLC (as to
3,300,000 shares, David Loflin - President) and Colins Capital, LLC (as to 3,300,000 shares, James
Kaufman - President), in connection with partial conversions of a promissory note of the Company,
pursuant to two separate cancellation of debt in exchange for stock agreements. Under these
agreements, a total of $660.00 of the existing debt was cancelled by the issuance of such shares, a
conversion price of $.0001 per share. These shares were issued free of restrictive legends and such shares are free-trading shares.
So more dilution on the way. This stock isn't going up anytime soon.
Outstanding Shares. As of June 6, 2014, there were 34,537,979 issued and outstanding shares of the Company’s common stock. Currently, there are an additional 3,453,000, unissued shares that underlie the currently convertible portion of a debt instrument.
This is the reason the stock is going down.
Let me summarize but check me by looking at the annual and 10Q
5000000 free trading shares were given in Feb, 2014 these have all been sold as the float went from 5mil to 11 mil
In May another 6600000 shares were given as free trading shares, these are being sold right now, that’s what the stock price is way down.
Another 3453000 free trading shares haven't even been given yet and will eventually hit the market for more dilution.
There is another 10,053,000 shares that will/are being diluted.
Unless something drastically changes, this stock isn't going anywhere for a while.
This is from the annual report
A. In December 2013, the Company issued, in two separate private transactions exempt from
registration pursuant to Rule 144(b)(i), a total of 5,000,000 shares of common stock to Appinero,
LLC (as to 2,500,000 shares, David Loflin - President) and Colins Capital, LLC (as to 2,500,000
shares, James Kaufman - President), in connection with partial conversions of a promissory note of
the Company, pursuant to two separate cancellation of debt in exchange for stock agreements. Under
these agreements, a total of $500.00 of the existing debt was cancelled by the issuance of such
shares, a conversion price of $.0001 per share. These shares were issued free of restrictive legends
and such shares are free-trading shares.
At the annual report
the A/S was 100,000,000
and O/S was 28,937,979
with a 5 mill float
the Quarterly
the A/S was 100,000,000
the O/S was 34,537,979
with a float of a little over 11 mill
as you can see by the statement from the annual the 5 mill were free trading shares
As you can see between the annual and the quarterly the O/S did in fact go up.
Gary didn't lie to me the float was in fact 5 million but he lied about when the finacials were going to come out because he needed to sell some shares.
The company did in fact by the numbers dilute a little over 5 mil
Here is info from the 10Q
Subsequent to February 28, 2014, the Company has issued shares of common stock, as follows:
A. In May 2014, the Company issued, in two separate private transactions exempt from registration
pursuant to Rule 144(b)(i), a total of 6,600,000 shares of common stock to Appinero, LLC (as to
3,300,000 shares, David Loflin - President) and Colins Capital, LLC (as to 3,300,000 shares, James
Kaufman - President), in connection with partial conversions of a promissory note of the Company,
pursuant to two separate cancellation of debt in exchange for stock agreements. Under these
agreements, a total of $660.00 of the existing debt was cancelled by the issuance of such shares, a
conversion price of $.0001 per share. These shares were issued free of restrictive legends and such shares are free-trading shares.
So more dilution on the way. This stock isn't going up anytime soon.
Outstanding Shares. As of June 6, 2014, there were 34,537,979 issued and outstanding shares of the Company’s common stock. Currently, there are an additional 3,453,000, unissued shares that underlie the currently convertible portion of a debt instrument.
I agree, I was looking at the charts thought a move to .05 was in order thats all.
Was hoping this was going to move soon. Seems to have stalled here. bummer.
These are the true facts
Let me summarize but check me by looking at the annual and 10Q
The promo going on is to sell these shares, if possible
5000000 free trading shares were given in Feb, 2014 these have all been sold as the float went from 5mil to 11 mil
In May another 6600000 shares were given as free trading shares, these are being sold right now, that’s what the stock price is way down.
Another 3453000 free trading shares haven't even been given yet and will eventually hit the market for more dilution.
There is another 10,053,000 shares that will/are being diluted.
Unless something drastically changes, this stock isn't going anywhere for a while.
This is from the annual report
A. In December 2013, the Company issued, in two separate private transactions exempt from
registration pursuant to Rule 144(b)(i), a total of 5,000,000 shares of common stock to Appinero,
LLC (as to 2,500,000 shares, David Loflin - President) and Colins Capital, LLC (as to 2,500,000
shares, James Kaufman - President), in connection with partial conversions of a promissory note of
the Company, pursuant to two separate cancellation of debt in exchange for stock agreements. Under
these agreements, a total of $500.00 of the existing debt was cancelled by the issuance of such
shares, a conversion price of $.0001 per share. These shares were issued free of restrictive legends
and such shares are free-trading shares.
At the annual report
the A/S was 100,000,000
and O/S was 28,937,979
with a 5 mill float
the Quarterly
the A/S was 100,000,000
the O/S was 34,537,979
with a float of a little over 11 mill
as you can see by the statement from the annual the 5 mill were free trading shares
As you can see between the annual and the quarterly the O/S did in fact go up.
Gary didn't lie to me the float was in fact 5 million but he lied about when the finacials were going to come out because he needed to sell some shares.
The company did in fact by the numbers dilute a little over 5 mil
Here is info from the 10Q
Subsequent to February 28, 2014, the Company has issued shares of common stock, as follows:
A. In May 2014, the Company issued, in two separate private transactions exempt from registration
pursuant to Rule 144(b)(i), a total of 6,600,000 shares of common stock to Appinero, LLC (as to
3,300,000 shares, David Loflin - President) and Colins Capital, LLC (as to 3,300,000 shares, James
Kaufman - President), in connection with partial conversions of a promissory note of the Company,
pursuant to two separate cancellation of debt in exchange for stock agreements. Under these
agreements, a total of $660.00 of the existing debt was cancelled by the issuance of such shares, a
conversion price of $.0001 per share. These shares were issued free of restrictive legends and such shares are free-trading shares.
So more dilution on the way. This stock isn't going up anytime soon.
Outstanding Shares. As of June 6, 2014, there were 34,537,979 issued and outstanding shares of the Company’s common stock. Currently, there are an additional 3,453,000, unissued shares that underlie the currently convertible portion of a debt instrument.
These are the true facts
Let me summarize but check me by looking at the annual and 10Q
5000000 free trading shares were given in Feb, 2014 these have all been sold as the float went from 5mil to 11 mil
In May another 6600000 shares were given as free trading shares, these are being sold right now, that’s what the stock price is way down.
Another 3453000 free trading shares haven't even been given yet and will eventually hit the market for more dilution.
There is another 10,053,000 shares that will/are being diluted.
Unless something drastically changes, this stock isn't going anywhere for a while.
This is from the annual report
A. In December 2013, the Company issued, in two separate private transactions exempt from
registration pursuant to Rule 144(b)(i), a total of 5,000,000 shares of common stock to Appinero,
LLC (as to 2,500,000 shares, David Loflin - President) and Colins Capital, LLC (as to 2,500,000
shares, James Kaufman - President), in connection with partial conversions of a promissory note of
the Company, pursuant to two separate cancellation of debt in exchange for stock agreements. Under
these agreements, a total of $500.00 of the existing debt was cancelled by the issuance of such
shares, a conversion price of $.0001 per share. These shares were issued free of restrictive legends
and such shares are free-trading shares.
At the annual report
the A/S was 100,000,000
and O/S was 28,937,979
with a 5 mill float
the Quarterly
the A/S was 100,000,000
the O/S was 34,537,979
with a float of a little over 11 mill
as you can see by the statement from the annual the 5 mill were free trading shares
As you can see between the annual and the quarterly the O/S did in fact go up.
Gary didn't lie to me the float was in fact 5 million but he lied about when the finacials were going to come out because he needed to sell some shares.
The company did in fact by the numbers dilute a little over 5 mil
Here is info from the 10Q
Subsequent to February 28, 2014, the Company has issued shares of common stock, as follows:
A. In May 2014, the Company issued, in two separate private transactions exempt from registration
pursuant to Rule 144(b)(i), a total of 6,600,000 shares of common stock to Appinero, LLC (as to
3,300,000 shares, David Loflin - President) and Colins Capital, LLC (as to 3,300,000 shares, James
Kaufman - President), in connection with partial conversions of a promissory note of the Company,
pursuant to two separate cancellation of debt in exchange for stock agreements. Under these
agreements, a total of $660.00 of the existing debt was cancelled by the issuance of such shares, a
conversion price of $.0001 per share. These shares were issued free of restrictive legends and such shares are free-trading shares.
So more dilution on the way. This stock isn't going up anytime soon.
Outstanding Shares. As of June 6, 2014, there were 34,537,979 issued and outstanding shares of the Company’s common stock. Currently, there are an additional 3,453,000, unissued shares that underlie the currently convertible portion of a debt instrument.
Ok here is what I found out in about 10 minutes of research. And these are the true facts
Let me summerize but check me by looking at the annual and 10Q
5000000 free trading shares were given in Feb, 2014 these have all been sold as the float went from 5mil to 11 mil
In May another 6600000 shares were given as free trading shares, these are being sold right now, thats why the stock price is way down.
Another 3453000 free trading shares haven't even been given yet and will eventually hit the market for more dilution.
There is another 10,053,000 shares that will/are being diluted.
The company is in fact and is continuing to dilute RIGHT NOW!!!! The 6600000 are on the market for sales right this minute.
Unless something drastically changes,this stock isn't going anywhere for a while.
This is from the annual report
A. In December 2013, the Company issued, in two separate private transactions exempt from
registration pursuant to Rule 144(b)(i), a total of 5,000,000 shares of common stock to Appinero,
LLC (as to 2,500,000 shares, David Loflin - President) and Colins Capital, LLC (as to 2,500,000
shares, James Kaufman - President), in connection with partial conversions of a promissory note of
the Company, pursuant to two separate cancellation of debt in exchange for stock agreements. Under
these agreements, a total of $500.00 of the existing debt was cancelled by the issuance of such
shares, a conversion price of $.0001 per share. These shares were issued free of restrictive legends
and such shares are free-trading shares. At the annual report
the A/S was 100,000,000
and O/S was 28,937,979
with a 5 mill float
the Quarterly
the A/S was 100,000,000
the O/S was 34,537,979
with a float of a little over 11 mill
as you can see by the statement from the annual the 5 mill were free trading shares
As you can see between the annual and the quarterly the O/S did in fact go up.
Gary didn't lie to me the float was in fact 5 million but he lied about when the finacials were going to come out because he needed to sell some shares.
The company did in fact by the numbers dilute a little over 5 mil
Here is info from the 10Q
Subsequent to February 28, 2014, the Company has issued shares of common stock, as follows:
A. In May 2014, the Company issued, in two separate private transactions exempt from registration
pursuant to Rule 144(b)(i), a total of 6,600,000 shares of common stock to Appinero, LLC (as to
3,300,000 shares, David Loflin - President) and Colins Capital, LLC (as to 3,300,000 shares, James
Kaufman - President), in connection with partial conversions of a promissory note of the Company,
pursuant to two separate cancellation of debt in exchange for stock agreements. Under these
agreements, a total of $660.00 of the existing debt was cancelled by the issuance of such shares, a
conversion price of $.0001 per share. These shares were issued free of restrictive legends and such
shares are free-trading shares. So more dilution on the way. This stock isn't going up anytime soon.
Outstanding Shares. As of June 6, 2014, there were 34,537,979 issued and outstanding shares of the Company’s common stock. Currently, there are an additional 3,453,000, unissued shares that underlie the currently convertible portion of a debt instrument.