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Re: ChartShark28 post# 2039

Tuesday, 11/10/2015 1:19:02 PM

Tuesday, November 10, 2015 1:19:02 PM

Post# of 17307
"In order to keep its operations going TSTS sold two convertible notes back in March in the aggregate amount of $275 thousand while in October it sold a convertible promissory note of up to $360 thousand to one of the most infamous toxic funders - JMJ Financial. Last Thursday TSTS filed an 8-K form stating that the March notes reached their maturity dates and the company has failed to repay then allowing the noteholders to turn them into shares. The terms of one of the notes were recently amended allowing its owners to convert it into common shares at a 50% discount to the market price.

"The dilution could be responsible for the devastating drop down the chart and if more discounted shares are being printed TSTS may find moving in the right direction rather difficult.

"It should be obvious that TSTS is an extremely dangerous stock. The possibility of even more underpriced shares to be unleashed on the market and the grim financial state of the company could continue to depress the stock. Not to mention the past history of paid pumps - even the stock's plunge into the double-zero territories was sparked by a $50 thousand promotion carried by the newsletter the Wolf of Penny Stocks."

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10963184

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10990191

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10806922

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10953863