Thursday, November 20, 2014 4:55:18 PM
Issue 5 million shares at .001 when the price is $2.00. WHAT IS WRONG WITH THIS PICTURE? They should have been issued at .50 or 1.00....not .001. COMPLETE SCAM. Top it off it was to pay $5000 in debt when the company has millions on the books. Make sense?
Oh wait gets better. They sell 100 million at .05 when the price is $2.00. SCAM TO BUY THE COMPANY FOR 5 MILLION DOLLARS which is less than what is on the books.
So what do us investors get? Well we get 1/200th of our shares...and then a day later the os goes up 35 times. So really all we can expect is for this to drop to .05 cents which would be around .0003 pre-split. Just one big amazing scam...and they did it all while filing what has to be bogus numbers. I really hope the SEC tracks these guys down. Should be easy with all the BS they have cooked the books with.
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