Monday, September 15, 2014 7:11:37 AM
Common Stock Holders
The Company's policy is to enrich its toxic financier and its major stockholder and only director. In the event of liquidation, the holder of the convertible preferred stock (which happens to be the Chairman and Sole Director of the Company), receives the first $240,000,000. After that, you suckers keep the rest. In essence, you get nothing.
Reverse Stock Splits
The Company has had three reverse stock splits since its founding.
While there is no formal policy about the Company declaring reverse stock splits, in order for the Company to be reinstated to the Bulletin Board, the stock price must rise to one cent.
Absent a tsunami in Kansas, the chance of the stock getting to one cent is remote, accordingly, purchasers of common stock should plan to see a reverse stock split in the near future.
Revenues:
Revenues are recorded when and if, earned.
Control;
The Company is controlled by its Chief Executive Officer who is delinquent in his child support obligations, been charged with and fined by the Securities and Exchange Commissioin, is facing a civil law suit about non-payment of the rent on his home and is an inherent liar and serial deceiver on his postings on Facebook and other social media.
While this pattern of behavior may not repeat itself in the future. Stockholders should be aware of this pattern of bad behavior.
Have a great day as this stock wallows in the basement and Scamblis laughs at those who buy this toxic waste dump
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