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Re: DONT SQUEAL post# 37329

Wednesday, 08/23/2017 9:37:15 AM

Wednesday, August 23, 2017 9:37:15 AM

Post# of 68548
I actually think the current O/S is closer to 9-10bn based on reading the 10-Q's. They note they have issued about 3.5bn common shares in 2017.

Two other thoughts
- in order to go effective with the increase in A/S on 9/2 to 20bn and allow the debt to convert they need to have all of their 2016 and 2017 filings filed with the SEC by 9/2. This likely means being current within a week to ten days.
- the 10-Q's make it clear that through q2 2017 LSR had not exercised their warrants. The only issued shares were to toxic debt holders and related parties (i.e. Siegel, Kwak's Hanscom, Egger). If LSR has exercised their warrant as of June 30, 2017 it would have been noted in the subsequent event footnote.

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