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Re: Greedy G post# 26491

Sunday, 12/20/2015 2:05:32 PM

Sunday, December 20, 2015 2:05:32 PM

Post# of 82716
8K is what you go by? That is not correct

The 8K only reports on give details on specific events. They do NOT give a full report on all of the assets and liabilities of the corporation or what the company incurred for expenses in the time periods. Until 10Q reports are filed for the quarters ending June 30, 2015 and September 30, 2015; it is impossible to know what kind of payables the company is carrying on its books and still owes.

While there MAY not be any more convertible debt, there could be all kinds of accrued expenses that the company still owes. Even without any convertible debt, the preferred B converts into billions of 'decorative' common shares.

Until the 10Q reports are filed, there is no way to tell.

Since the company seems to always tout positive news as soon as it happens, I expect that the fact that the company is months overdue on filing 10Q reports means that it is 'not good'.

Louis J. Desy Jr.
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