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Alias Born | 03/07/2014 |
Wednesday, April 15, 2015 11:26:06 PM
Oh yeah, "not that bad" LOL at .008, aka 8/10ths of ONE CENT things are looking on fire, just amazing ??? AND a brand new, shiny, just minted all, all, all, all time low of .0046 or 4/10ths of ONE PENNY. Rip roaring success and "not bad" for sure?
It's only LOST 99% plus of the common share value since going public on the Nasdaq in 2008 in a dismal IPO, then being delisted only barely a year later to the OTC and now losing over 99% of it's common share value, while diluting out from about 20 MILLION shares to now EASILY 700 MILLION or more shares O/S and rapidly climbing, with no end in sight.
$5.00 a share at its dismal IPO in 2008.
$5.00 = 500 cents - .008 cents = 499.992 / 500 = .999984 X 100 = 99.99% TOTAL LOSS to the common share value.
Oh yeah, just a resounding success story, LOL !!
And of course, finishing yr 2014 with a grand total of $36K total cash to their name, THREE total "employees" and massive, massive debts. All while living as a share dilution machine using the "who's who" of toxic, convertible debt hedge lending houses:
PAGE F-34 of the just filed 10-K:
Asher, Fourth Man, KBM Worldwide, Vis Vires group, Daniel James and now Magna - all toxic, share price crushing, convertible debt, LENDERS OF LAST RESORT for cash poor, desperation penny companies.
FANTASTIC, LOL !!
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