Eastgate Biotech Corp (fka ETBI)

[SPORTYNORTY]

ALPINE and COR are the only two clearing houses in North America that are authorized by the SEC to clear shares which are convertible debentures. Both of the aforementioned entities are domiciled in Colorado. I could go into a whole dissertation as to how all of this actually works, but not enough time for that.

In a nutshell, people who offer convertible debentures as a means of financing these OTC companies, get shares, AND MUST clear them through the transfer agent, who is authorized by the company to dispense shares, within the share structure, (A/S), which is then presented to either ALPINE or COR for introduction into the market, (selling).

The aforementioned is an abbreviated explanation of how this all REALLY works.

ALPINE has been the subject of SEC scrutiny for the past few months, allegedly for bypassing the holding period inherent with the clearing of stock allotments for sale into the free markets. That is why the shorts are all concerned right now. Without the ability to introduce their shares, they cannot depress the share price and garner an ever increasing amount of shares predicated upon the depreciating share price.

THANK YOU.