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Friday, April 04, 2014 8:59:20 AM
So they tried to sneak in the $5 mill but the SEC caught it and informed them that they can only sell a total of $3.4ish mill that remained for the (March 2013 to March 2014) fiscal year!!?? Can you tell me if that/this means that they could have already started selling more Reg 1-A's sometime in March of this year 2014?
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It looks like they made an offer last year looking for 3 million, but only were able to sell 1,527,500 before the expiration of the offering in January 2104 (somebody has pointed this out on the board repeatedly... one of the mods).
I'll dig more and confirm this offer expired like the current offer.
They sold 10.5 billion shares prior to January last year.
This year they can sell 30 Billion between now and January. They won't be able to make another offer until next year and that will be for a max of 20 billion assuming they file this year... which they will need to get approved for next year.
It's a boat load of shares... I'm not arguing that... just trying to keep the already ridiculous number of shares reported accurately.
So we have roughly 10.5B shares already in the market, and another 30B that most likely started entering the market last month (March 2014).... Thanks for keeping the info accurate!
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