Thursday, January 04, 2018 3:38:59 AM
more likely the toxic lenders who decided to convert a portion of the debt into well discounted shares (most likely at a 60-80% Discount level of the last 10, 30, 60 or even 90 days).
Impossible to tell how much Debt the Co actually has or how many new contracts they signed during the past 2 years since they stopped filing...
More than likely some of these Contracts are due but without filings nobody knows what the conditions for the loans are since the Company hasn't filed their Q`s and K's for more than two years now.
Instead they've decided to go dark via Form 15-12 and to increase the A/S to 6B shares obviously for a reason, of course without any Filing, PR or whatever else explanation to their shareholders.
Only obvious Fact right now is: Dilution is ongoing
VNDM and MAXM dumped already a lot of shares the last couple of days.
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