Wednesday, September 17, 2014 10:53:18 PM
For a company with $5,525 cash, they're going to need to issue LOTS and LOTS of shares to get the $275K for the purchase of Orbit Oil Inc. Just look below how cheap they are issuing shares already! Imagine $275K converting at those prices within one year of the new note that they will need to issue just to get the $275K. $AMEL massive dilution in the making...
Shares issued for under .0001/share-
THEN these shares issued around .0002/share ---
Quote:
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
This $AMEL company is SOOOO Phuchkt...
All my posts are my OPINION only. Never buy/sell any security based on my post(s). I DO NOT recieve any compensation in any form (cash or shares) from any company or 3rd party mentioned in my post(s).
FEATURED Cannabix Technologies Launches New Compact Breath Logix Workplace Series and Prepares for Delivery to South Africa • May 7, 2024 8:51 AM
Moon Equity Holdings, Corp. Announces Acquisition of Wikolo, Inc. • MONI • May 7, 2024 9:48 AM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM