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Re: day_after post# 96563

Wednesday, 08/27/2014 2:02:15 PM

Wednesday, August 27, 2014 2:02:15 PM

Post# of 163725
Yup. IMO, this latest drop to the PPS is courtesy of WHC Capital.
IR may be temporarily "taking a break," which is a great opportunity for the PPS to breathe and rise. But now WHC is unloading its 64mil shares. Dilution is killing any foot-hold for some positive momentum here.

Item 3.02. Unregistered Sales of Equity Securities

The Company will issue 64,102,565shares of the Company’s common stock to WHC Capital, LLC (“WHC”) pursuant to an exchange agreement signed on August 20, 2014. $50,000 of the $200,000 principal balance will be converted. The shares are authorized for issuance under Section 3(a)(9) of the Securities Act of 1933.



Only bright spot is those 64mil shares should be done by Friday or early next week.