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Re: lowman post# 18069

Saturday, 08/22/2015 3:59:41 PM

Saturday, August 22, 2015 3:59:41 PM

Post# of 54941
reading the fins 1 guy has a $500k note converting at .0010 so 500m shares. thats what is being dumped. hes getting a 2 to 4x return so that's why hes not letting the company pay him cash and interest. i'd say 200m to 300m have been dumped so far.

other notes are more friendly. they are being reduced with cash from the company.

i have no doubt the company is doing this buy back because of this 1 note holder. should be done soon.

the divvy, that's a whole other story. obviously they are reporting huge net profits now and clearly do make money. 1M shares here gets you a divvy income of $44k per year, so buy 5M shares and get income of $220k per year, for 33 years maybe!

as far as tax, they have huge NOL's so won't be paying tax for a few years.

Penny Stock Analyst, not licensed, but may as well be...