Guys guys, the (unfortunate) dilution is old news. They had to increase the authorized shares to 2.99 Billion so that debt conversions could take place. Note the reference to NSOS as well, so it is real, but already known. Also, that is authorized, it is not outstanding, yet, that will take time if it happens.
Here is from the proxy statement from 10/10
"The enclosed Information Statement is being furnished to the holders of record of shares of the common stock of Cross Click Media Inc., a Nevada corporation (the “Company”), in connection with our prior receipt of approval by written consent in lieu of a special meeting, of the holder of a majority of our voting securities of an amendment to our Articles of Incorporation (the “Amendment”) to increase the number of authorized shares of common stock from 450,000,000 to 2,990,000,000.
On October 8, 2014, the Company obtained the approval of the Amendment, by written consent of a stockholder that is the record owner of 26,555,560 shares of common stock and 1,000,000 shares of Class B Convertible Preferred Stock which represents an additional 3,000,000,000 shares of voting power in common stock or 93.12% as of October 8, 2014.
The filing of the Amendment with the Nevada Secretary of State will become effective twenty (20) calendar days after the mailing of this Information Statement."
My opinion is that we are in race against time. If the company can get the revenues up with Hillary campaign and pay off some of this debt, then certainly the potential is there.
