News Focus
News Focus
Followers 90
Posts 8772
Boards Moderated 0
Alias Born 12/11/2011

Re: BankingBig post# 82123

Monday, 02/02/2015 12:03:34 PM

Monday, February 02, 2015 12:03:34 PM

Post# of 107230
Sorry, but the A/S is not maxed out!

You can't have over 5.1 billion shares outstanding if the shares authorized is only 5 billion shares.

Let's be very clear.....

The shares authorized is the definitive ceiling for how many shares can be issued and outstanding on a company.

I see where this scam artist CEO has now removed the picture from the T/A that he posted after realizing that he screwed up when the date showed the 5.1 billion shares. So his excuse of the T/A "updating their records" will not hold water.

Instead, he has opted to continue with his fraud by posting pictures of the amendments from December when he reduced the A/S from 10 billion shares to 5 billion shares.

However, we all knew that this move was a sham and was only done to market the stock by duping investors into believing that he was actually doing something for the benefit of PLKD shareholders.

We also knew that there was NO WAY he could run a public company that is maxed out with their A/S since the only way he knows how to make money is by issuing out stock to toxic note holders.

Trying to make shareholders and potential investors think that this company only has 5 Billion shares authorized when you know this is a lie is called FRAUD!
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent CUEN News