Followers | 723 |
Posts | 61829 |
Boards Moderated | 0 |
Alias Born | 05/15/2006 |
Monday, October 02, 2017 12:03:15 AM
I went to EDGAR and opened up the link to the Letter of intent in the 8-k about NSEH buying out that company, so I could read it. This must be the 300nth time he is spinning a buyout lie.
Yates said he is going to pay the $2.5 million for it in NSEH shares, common stock. No mention that the shares are worthless, and NSEH is bankrupt.
NSEH said they have a hair less than 3 billion shares a few days ago. They really have more.
They are going to pay for the $2.5 million with NSEH shares, common stock, worth .0001 per share. That is 25 billion shares. Add that to the 3 billion they say they have, the AS goes to 28 billion shares.
Here is how stupid Yates is: If Yates gives them 25 billion shares, they own NSEH and hold the controlling interest.
This is the sentence in the deal which I could open in EDGAR. If you want to see the whole thing, go there.
The exercise price of the option is $2,500,000 in $0.0001 par value restricted common stock (the “Purchase Price”) in exchange for 100% of the outstanding equity of the Company. The Purchase Price is to be paid as follows: (i) $2,500,000 in $0.0001 par value restricted common stock
Recent VISM News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 02/20/2024 09:16:24 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 02/14/2024 09:20:06 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/14/2023 09:22:13 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/29/2023 01:28:58 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 09:30:56 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/25/2023 09:10:42 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/15/2023 08:41:47 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/25/2023 08:33:23 PM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM