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Re: PENNIEStoSTACKS post# 11270

Thursday, 01/28/2016 6:55:01 PM

Thursday, January 28, 2016 6:55:01 PM

Post# of 12770
I believe this is all that is publically available on that topic:

“New investors lost no time in appreciating the tremendous potential of Combo Hitter; however, there has been a misconception that the proposed financing to be provided by Blackbridge Capital LLC is diluting GLDG share prices. It is confirmed that this is not the case. The deals with Blackbridge Capital LLC have not been activated, and when completed, they would be in the form of new promissory notes with a 1 year maturity date. Any notes or shares received within these agreements will not be convertible until their maturity dates.

Furthermore, we are fully committed to our plan to have these notes settled prior to their maturity dates. The recent severe dilution that has occurred is due to accelerated conversions by debt holders who provided financing for GLDG's previous mining business. Efforts are being made to minimize the dilution effects of this aged debt and the purchase by other parties is also being considered.”

https://finance.yahoo.com/news/golden-global-corp-gldg-releases-150000751.html

They also have the option to have "friendly investors" take on the previous debt. Given some of the visibility combo hitter is getting, it is possible this could happen. This, of course, depends on the aggressiveness and business capabilities of our new executives and their partners. Brad is certainly doing his part in getting the word out and sponsorship of the product.

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