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Re: Watch dog post# 26434

Tuesday, 07/18/2017 4:26:23 PM

Tuesday, July 18, 2017 4:26:23 PM

Post# of 50981
Company is currently in NONcompliance with SEC rules because they do not have enough shares authorized to meet its debt obligations per the company's own 10Q. They will have to either raise the authorized to 15 Billion shares or complete a Reverse Split. If they raise the authorized to 15 billion shares the stock price has little chance of appreciating due to the massive amount of shares that could hit the street to settle the debt. A reverse split will immediately increase the price which would then may be more attractive for others to purchase stock to continue to pay down the company's huge CD debt. See the stickie I posted for a summary of the debt breakdown. JMHO

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