Thought I would add a few comments on the IFLM board.
I hope others will participate to stop the fraudulent pump to dump more than 2 billion shares.
Copy of one post on the IFLM board:
With the toxic convertible debentures at a 50 % discount on the $39,375 note and a 55 % discount on the $217,500 note the Outstanding Shares will quickly reach 2 Billion Authorized, requiring another reverse split.
At .0001 IFLM would need 2,568,750,000 shares just for those 2 notes. At .00005 IFLM would need 5 billion shares just for those 2 convertible debentures.
Since the A/S is 2 billion it is clear that IFLM will need at least one more reverse split to satisfy the convertible debentures.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.