Mindpix Corp. (fka MPIX)

[mikenmtv]

Page 11 is required reading for all......

https://www.sec.gov/Archives/edgar/data/1053368/000149315214003647/form10-12ga.htm

I still don't get how this works......both the Lorio agreement and the conversion agreements commit to the distribution of shares the company does not presently hold. The table postulates a worst-case exposure for the convertibles @ 2.6 Billion shares all by itself.....couple that with the 28% Lorio stake and even a 1.75 Billion share expansion to 3.25 Billion Authorized Shares (requiring a shareholder action) does not cover the commitments to these to parties unless the proceeds of the Lorio stake were used to settle convertibles