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Re: 42get4ever post# 31232

Thursday, 01/18/2018 8:15:45 AM

Thursday, January 18, 2018 8:15:45 AM

Post# of 31518
No, massive dumping of dilutive shares going on- MLCG raised the share authorization to 15 billion shares so it's toxic death spiral convertible notes could be dumped. It didn't have enough shares. They get shares at a steep discount of around 50% and immediately try to dump them to lock-in profit. Unfortunately, there are few buyers at these high prices ($0.0001 and above).

Now they are dumping shares by the billions, if only some investors would buy these almost-worthless shares.

Billions and billions of shares being dumped (confirmed by transfer agent)

Share Structure

Authorized Shares 15,000,000,000 a/o Jan 02, 2018
Outstanding Shares 7,097,941,082 a/o Jan 02, 2018