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Saturday, November 29, 2014 1:27:02 AM
Who cares?...kim has never needed csc...i have no clue why he even hooked up with them in the first place...i would imagine he wanted to differentiate kblb from other penny stocks...instead of selling shares of the company himself to obtain money, he decided to use scum financiers and give them a 20% discount...that way he can pretend he has "financing" and is utilizing "underwriters"...
Theres no financing going on...its just selling authorized shares into the market to keep the company running because they have no other source of income...it really doesnt matter who sells the shares...the effect is the same...dilution...but being a lawyer and understanding that using csc is an advantageous facade that he could use to fool unsophisticated investors, kim went that direction...and the big brain was right...it worked like a charm...so many were so impressed with the fact that kim gives away 20% profit instead of keeping it all that to this day, they lavish praise on csc and the deal...lol
" Otherwise when do you expect approval."
Again...who cares?...kim needs csc like he needs no-show at another ceremony...
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