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Saturday, February 13, 2016 12:14:50 PM
For Quarter Ended: September 30, 2015
On the front cover of the report that was filed shares outstanding clearly states
The number of shares of the registrant’s only class of common stock issued and outstanding as of November 20, 2015, was 88,213,001 shares.
Source:
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11028499
Now, on the Clifford Popes interview page that was used as the tout sheet to Investorshub states the shares outstanding 135,386,286 and that information would have been most likely provided by Clifford J. Pope/company, correct?
That would tell me the shares have increased by 47,173,285 or 53% since November 2015. So, why would anyone need to wait for the 10K to verify this fact?
And, back in November 2015 the float (free trading) was 15,000,000 give or take a few, now it’s 74,269,507. There can only be one simple answer to this fact “the Equity Line of Credit” is being utilized.
So, if there was a reverse merger that should take place how many new shares does the public have to choke on before management stops selling share through a broker to fund VHMC operations. Can’t they convince anyone the shares are going to be worth 10 times (or more) its present value after company X comes in? Remember, they (management) have all the inside information, we (stockholder) only have the actions of the dilution that tells us what’s going on.
The scary thing in these situations is this: no deal happens management never stops issuing stock, this becomes the company’s sole investor for capital needs and not too far in the future there will be a need of more stock to sell. So, the Approval letter goes out to increasing the authorized shares and it becomes a big circle.
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