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Re: Snizzle post# 107844

Thursday, 08/03/2017 2:05:52 AM

Thursday, August 03, 2017 2:05:52 AM

Post# of 203920
I'm sorry, what exactly is it that's not true again? The fact that there has been and will be dilution or the fact that Amir Uziel could have said so without violating SEC regulations on inside information?

Take some of your own advice and read the last 10-K. It states very clearly that there WILL be dilution and that the shareholders are the only source of revenue for the company. Since it says that, Uziel would simply be repeating information that was already released in the financials and therefore not be in violation.

I posted it so many time, but I'll do it again. From the 10-K:

You will experience dilution of your ownership interest because of the future issuance of additional shares of our common stock or our preferred stock.



From the 10-Q:

In addition, the Company expects to continue incurring significant operating costs and losses in connection with the development and marketing of its products. The Company has not yet generated material revenues from its operations to fund its activities and therefore is dependent on the receipt of additional funding from its stockholders and/ or new investors in order to continue its operations.


The Company has not yet generated material revenues from its operations to fund its activities and therefore is dependent on the receipt of additional funding from its stockholders and/ or new investors in order to continue its operations.


Remember, Amir Uziel was asked point blank, "3) will there be dilution to raise money for production?" and his answer was the following: "All your 3 questions below will either get us providing inside information which we can't share or throw speculations."

Obviously, it would have been possible for him to answer the question to some extent without releasing information not already released or throwing speculations. Uziel is a liar.

I hope this helps.


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