Saturday, June 14, 2014 10:38:25 AM
iEquiScam has the 60% power far and away over anyone out there.
First of all they get it with the 5 million preferred shares, which GUARANTEES they own 60% voting power (aka they can do what they want, including a 1:24444444444 reverse split to wipe out everyone's shares and then convert their notes to own the company outright).
Since those have CONveniently not been issued yet it then comes down to the convertible notes, and how much iEquity is owed by SKTO, at a rate of $50,000/month. As we have explained, translated into shares that is (conversion rate of .0003) 1 billion shares every six months.
Say goodbye to your theory, it is incorrect.
Shareholders get nothing.
Except what you can muster getting out at the open on first day after suspension. iEquity will be waiting to sell any shares that naive believers choose to buy. It'll be ugly, but lesson #2 for investors.
Warnings were given by those smart enough to know what was staring them in the face.
Sorry about that.
IMO/FWIW
"Taking advice from known stock promoters is like telling a pickpocket where you keep your money!!!"
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