![](https://investorshub.advfn.com/uicon/608139.png?cb=1491485281)
Monday, December 11, 2017 6:06:01 PM
1/100 Reverse Split will take effect within a month, likely around January 15-31
Company cant pay that massive debt, instead shuffle them around. So, after the RS , preferred shares(=debt holders) will be converted to 100s of millions of common shrs and will be dumped into the market
Company will continue to lose millions of dollars every single months , like they have been doing since forever :) ,And for this charade to continue Munro will get more new convertible debt , like he has been quitely doing already
So ,dilution will never stop , otherwise BK will have to be announced.And in the mean time Munro will continue to trap more people with these mini P&Ds, top of the existing ones
Of course, wash-rinse-repeat cycle will continue , just make sure you are not holding any of this trash when RS takes place within a month
Ur Welcome
:)
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