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Wednesday, 11/29/2017 10:08:48 AM

Wednesday, November 29, 2017 10:08:48 AM

Post# of 9524
Not sure what to think now! 10-Q report is out today. But first, with the recent news that 300 Coinstar units are to be installed by the end of the year, and with $500 per month advertising revenue estimates, that would mean, theoretically, $150,000 in month revenue in the very near future.

So, why is it in today quarterly report I see, just a week ago...

"On November 22, 2017, the Company amended its Articles of Incorporation for the creation of its Series B Preferred Stock. Upon the issuance of the 1,000 shares of the Company’s Series B Preferred Stock, the holder, Curt Thornton, has the voting equivalent to greater than 51% of the Company's voting stock for the purposes of increasing the number of authorized shares of common stock and creating a Company policy on excluded corporate opportunities."

That doesn't sound like someone who is confident in future revenues if the purpose of the preferred stock is to allow Curt to increase the number of authorized shares of common stock.

As such, at this I'll wait before adding any more shares.

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