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Re: The Penny Oracle post# 28560

Sunday, 09/17/2017 6:37:35 AM

Sunday, September 17, 2017 6:37:35 AM

Post# of 57850
Your quote;
"Any reverse split plans here?"

Unfortunately not until it reaches at least 3,000,000,0000 (yes BILLIONS) shares issued and outstanding. Probably closer to the 5,000,000,000 authorized! By then the stock will be bouncing around in the low trips ($0.000s) and there won't be any other choice! I say "unfortunately" because they should do the REVERSE STOCK SPLIT immediately or after the next set of conversions (i.e. STOP taking Convertible Notes). So long as this company loses money, it'll continue to need funds from the same TOXIC lenders. The irony is that the more Toxic money PLSB "borrows" the LESS likely any real high net worth accredited investor(s) will touch this company. One or two mistakes can perhaps be forgiven but after reading the last 10Q, there's nearly half a dozen mistakes including taking money from TCA. That usually seals this company's fate because most astute investors will shy away from such recklessness!!!
- SMH

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