Pulse Beverage Corp. (fka PLSB)

[mightymoe]

DD even so.. that was an imposed condition to get access to funding.. panic much...manipulation??.. sure whatever that was made this 00 price per share capitulation possible..


enjoy!!

AS doesn't mean OS



OS is relevant to trading and all aspects of tech ratio's calculations..

a good read IMO::


https://investorshub.advfn.com/boards/read_msg.aspx?message_id=131891303

Management believes that this one time increase in authorized shares will allow the Company to have sufficient shares available now and in the foreseeable future to provide for raising additional capital for the benefit of the Company and our shareholders. By taking this one-time action now to increase the authorized common shares, it prevents us from possibly having to incur these same costs associated with increasing the authorized shares multiple times in the future as the needs may develop, saving our Company money in the future. By having taken this action, management now will have sufficient common shares available as the need develops but does not have to issue some, part, or any of the additional authorized shares at this time.

The action also satisfies a condition to the Company’s draw down of an additional $50,000 tranche of loan financing proceeds under a Convertible Promissory Note issued to Old Main Capital, as reported in the Company’s Form 8-K filed on April 6, 2017, and by this reference incorporated herein.