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Re: Kallie post# 36939

Thursday, 03/30/2017 7:37:03 PM

Thursday, March 30, 2017 7:37:03 PM

Post# of 38588
Ok, then you'll have no problem determining the Form T's and the W trades (minus the prearranged fee), SHOM management and their "consultants / noteholders" have numerous ways of diluting from block positions.

I don't know if you've followed the Coke fiasco but that plus numerous fluff PRs with accompanying P&Ds determined SHOM has no credibility.

Also, one question that's never been answered - why do they need nonstop P&Ds and to issue an additional 332 million shares over a few months period while they supposedly have a large LOC?

Convertible debt is rarely ever paid off in these continuously promoted limited-info pink sheet issues, especially when it's issued at $.0001. It just keeps renewing and/or SHOM continues to issue additional toxic financing. The way this company operates, it appears the toxic funding is what they live off of. In fact is their recent 10-K they state:

"Demand for our business will be dependent on, among other things, market acceptance of our trading business."

Lastly, despite their glowing "updates", SHOM showed a -$733,000 decrease in Revenue.