Cuentas Inc (CUEN)

[nit2win]

ANOUNCEMENT OF AUTHORIZED SHARE INCREASE IMMINENT!

According to my calculations, at the current bid, LG Capital can convert their current toxic note into 583 MILLION shares.

As of January 7, 2015 Pleasant kids had 4.55 BILLION shares outstanding of their 5 BILLION shares authorized.

With more toxic notes due in February and March PLKD will not have any choice other than to increase its A/S.

Because they announced no reverse split in a press release and an 8K filing, this will not be an option because of potential shareholder lawsuits and fraud charges by the SEC if they were to do so.

Can't wait to see how the street reacts to this announcement!