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Re: janice shell post# 7819

Tuesday, 04/25/2017 3:29:51 PM

Tuesday, April 25, 2017 3:29:51 PM

Post# of 22598

The company plans to file an official name change, ticker symbol change, and share restructuring request to FINRA in the month of May. A restructuring of shares is necessary as shareholder stock value has been diminished because of the massive amount of shares already in the public float at the time we acquired the company. We have been in discussion with counsel to determine the appropriate share restructuring plan and will announce it soon. We want to find a way to balance shareholders interest with company needs. The current share price is not attractive as a negotiating tool for potential acquisitions of other synergistic companies.



sounds like a R/S to me

We presented a private placement offering prospectus to begin the process seeking an initial raise of $3,000,000 through sale of common shares with registration rights agreement. We are exploring this option as the most feasible first step; however we are not limited to this structure of financing. We would ideally like to raise capital without toxic debt as most microcap stock companies do, which is why we have approached the market with private placement capital raise.



doesn't sound good either


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