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Re: BigBaboon post# 20096

Sunday, 10/15/2017 11:53:12 AM

Sunday, October 15, 2017 11:53:12 AM

Post# of 26178
Yes it is a fact and has been a fact for about a year now that on a fully diluted basis VLDI has to increase the authorized share count simply to handle all the convertible debt, notes and preferred stock and that is a fact that I have proven several times from their own financial information. We are getting dangerous close to a billion shares and if I recall correctly as of the last financial statement we were at about 870,000,000 shares on a fully diluted basis and they only have authorized 700,000,000 shares. That is a fact and it is also a fact at the current sub penny level of VLDI stock price and further financing with convertible notes, debt, and preferred will have massive diluted effect.

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