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Re: Ejboug post# 14814

Tuesday, 01/30/2018 1:39:11 PM

Tuesday, January 30, 2018 1:39:11 PM

Post# of 70550
I have Mr. Umbra on phone now. He said he is aware of the increase of authorized shares. It is not for dilution. They had to increase the a/s but he can not get into specifics but assured me it will make sense in the coming weeks.

As for the selling he said the company is not, has not and will not sell stock. Period. They have reconciled debt and that too is something that they needed to do but he can not get into why as of right now.

he is telling me that everything is moving forward and that the company will fulfill its commitment to us as previously promised.

I asked if this includes uplisting and he just said everything that we have targeted and disclosed is the same and nothing has changed.