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the9horse

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the9horse

Re: None

Friday, 09/30/2016 12:54:56 PM

Friday, September 30, 2016 12:54:56 PM

Post# of 50725
my two cents:

just because they are authorizing more shares, IT DOES NOT AUTOMATICALLY MEAN THEY WILL BE ISSUED AS PART OF MORE CONVERTIIBLE DEBT....

THEY NEED AVAILABLE SHARES FOR ANY NEW FINANCING DEAL THEY ENTER INTO......hopefully a solid one....

the additional 900 million shares can be used to raise about a million dollars in working capital at todays market price, and end the dilution for at least 6 months....

hopefully this will happen shortly after those grants are awarded, thus validating the company and the technology because they are definitely running out of time here....


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