InvestorsHub Logo
Followers 259
Posts 3732
Boards Moderated 0
Alias Born 04/26/2013

Re: Rat Fink post# 229870

Sunday, 02/21/2016 7:43:18 PM

Sunday, February 21, 2016 7:43:18 PM

Post# of 341676
Anyone who reads the OTC disclosure will run not walk away from this toxic financing nightmare. Sales are declining, debt is growing. I think that there could be an additional 10-15 billion shares here when it is all said and done! Read the filings - .0005 is the conversion price for all this debt for the next year or so. OUCH!

Here is the math: Each 1mm in debt can be converted to 2 billion shares (over time, not immediately). Long drawn out misery ahead...

If you don't like my posts, don't read them. If you think only those who agree with you should post, then start your own message board. My conclusions are my opinion only, based on what I believe to be true. I have no crystal ball.