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Alias Born | 08/19/2009 |
Thursday, November 12, 2015 10:55:59 PM
NOTHING the company says can be trusted!
They once claimed to be raising their A/S to make a "major" acquisition of a cash flow positive company promoted for months prior. They actually "acquired" a trivial negative cash flow company (Brand E). And later they had to clarify that it wasn't even an acquisition at all but rather a collaboration/cooperative venture.
The "alliance" with Origin Digital?
The multi-billion dollar partner on the NYSE?
The endorsement by a major billboard artist?
On and on...
If no one bothers to research the facts, a very simple fact...
In their last filing, they showed that on September 23, 2015 they had 4,414,975 shares outstanding....
They traded over 15M shares today!
Here is the filing:
http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=10924953
They are diluting the hell out of it, and won't stop!
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