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Re: adammh post# 38340

Monday, 08/28/2017 5:10:42 PM

Monday, August 28, 2017 5:10:42 PM

Post# of 68549
Seems not all are restricted and shares can be dumped willy nilly whenever their honest hearts desire........with or without warning

Following the increase in authorized shares of common stock, we will have the corporate authority to issue 15,000,000,000 additional shares of common stock. These shares may be issued without stockholder approval at any time, in the sole discretion of our board of directors. The authorized and unissued shares may be issued for cash, to acquire property or for any other purpose that is deemed in the best interests of our company. Any decision to issue additional shares will reduce the percentage of our stockholders' equity held by our current stockholders and could dilute our net tangible book value. We have no immediate plans, proposals or arrangements, written or otherwise, to use these authorized and unissued shares of common stock other than to issue approximately 9,600,000,000 shares of common stock upon the conversion of certain outstanding promissory notes into shares of common stock.


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