Last weeks conversation with CEO Norman George:
Finally got thru to Norman, it looks like the Reg A is complete (as we all knew), but it hasn't been updated by SEC on their website.
Now about this offering (Reg A)......they have been submitting docs to sell shares in over 12 states, and have received approvals on most all. Those not approved are still in the works, just taking a longer time than expected. They have a buyer already in 1 state, and are just waiting to get the state approval to sell and it will be finalized. Norman said that once this first buyer gets shares and works his so called magic behind the scenes to drive stock price up, more investors will soon follow suit. Remember all investors within the states that he can sell to get the price at .0001 regardless of what the actual stock price is. Imagine the PPS goes to .0005, and big fish can now buy mass shares at .0001. He said this is when the ball will get rolling. He expects this first sale of shares to occur in the by this Friday or next Monday, just waiting on the states approval of the investors residency to finish paperwork. The investor has already sent the money in (how much I do not know).
Looking to hire an investor relations firm soon (has a few that are interested in the company), and will give them shares for their services. They cannot PR until this is complete, as its against the law, 3rd party is required. He said to expect some price action starting in July (we will see).
I once again am excited for the company. Definitely goes up and down, but I think our time is coming soon! How soon, lets hope July. He was very optimistic and he says all this legal mumbo jumbo is almost complete. They have done everything by the books and legal, so lets hope this pays off!
I may just have to burn some more funds and get some cheapies-----------> to be decided, LOL. He was still optimistic and ready to take on the challenge of growing the business into these other states, so if this happens we could be in for a ride!!!
Good luck to all, hope this makes sense!!!
