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Post# of 63806
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countrmike

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countrmike

Re: Couch post# 19062

Wednesday, 12/17/2014 4:50:38 PM

Wednesday, December 17, 2014 4:50:38 PM

Post# of 63806
The fact is pxyn is diluting. TPS is draining the liquidity. Pxyn is not "paying off debt;" they are converting debt to different classes of Preffereds. JUST AS TOXIC.

I believe their next filing will approximate 2B is Authorized Shares.(1.1B on 1/1/14) Pxyn has so many accrued commissions and they do not generate enough cash to pay them; more dilution.

Everyone talks about gross revenues but 54% are gone due to contracts and other.

Hell, the Commissions and Factoring is based on gross Revenues; much higher % than filings.

This is a failed financial model! Nothing for shareholders!
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