$$$ ANAS $$$ No owner owned 51% of the Common Shares
What was posted on the IHUB ANAS Home Page is inaccurate information. When I first invested in this company, as well as a few other major players here, we all asked Chris point blank about the 800 Million shares that he supposedly owned. He told each one of us in different emails that the did not own any common shares....that the only restricted shares that he was aware of were the convertible notes...ie the debt carried over from the PMRS Shell...$150,000 which was bought by Eastlight Enerprises, and Globe Capital...when Chris and Manny bought the shell, they inherited the debt, so they borrowed another $10K from each company and restructured the Debt. Total Debt was $85K from each one of the companies.
As you can read from our last quarterly, each one of the companies settled their debt for 100 Million shares each. Making the shares worth what... .00085 each? Problem was that no restrictions were put on the shares. So the dumping could very well be coming...or have came from them.
The dreaded 51% that everyone keeps talking about was a 51% stake in the company when a CEO was announced. It is called a controlling interest in the company. Chris had it first, then it was passed to Manny, and not it had been passed to Matt...all in the form of ONE SERIES B PREFFERED SHARE..GRANTING 51% OWNERSHIP OF THE COMPANY.
That is it....NOT 51% of the COMMON SHARES.
So, any dumping is probably from one or both of those two companies...I did question the other 100Million shares that were not listed in the quarterly explanation, but have not received any clarification as of yet...still researching! They may have been given to Matt as an incentive when he took over...like a salary, but again, I have not confirmed. He has afterall said that he does own shares, and he is not selling. Hopefully he sticks to this.
As far as I am concerned...any selling has been done by previous Owners of PMRS from way back in the day when the company was sitting at .0001 for many, many, many months. They saw an opportunity to make a little cash back, and took it. Again, can not confirm...just speculation.
If I dumped my 22.5 Million, it would look pretty suspicious too...would it not? I belive this PPS will recover in the coming months. 5HH Update will happen in the coming months! And hopefully the new products will make it to the market by the EOY!
Good Luck To All! The Flippers are going to Manipulate this one for as long as they can...but a run will come!
In My Own Personal Opinion Of Course!
Long ANAS!
