Cannabis Report
Home > Boards > US OTC > Miscellaneous > Metrospaces Inc. (MSPC)

That is even worse. That means that 1,497,763,019

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (5) | Next 10 | Previous | Next
nodummy Member Profile
 
Followed By 1,290
Posts 7,475
Boards Moderated 12
Alias Born 02/26/10
160x600 placeholder
Metrospaces Announces Record Net-Earning for 2nd Quarter of 2018 InvestorsHub NewsWire - 9/6/2018 7:19:29 AM
Metrospaces Announces Cancellation of Reverse Stock Split of Common Stock; Engages Boyle & Co. CPA to Become Full-Reporting InvestorsHub NewsWire - 9/5/2018 7:56:54 AM
PWRMF - Buyout Candidate for Top Lithium Producers InvestorsHub NewsWire - 4/26/2018 9:00:00 AM
CGUD - Acquisition Candidate For Blockchain Companies InvestorsHub NewsWire - 4/23/2018 9:45:13 AM
American Premium Water Corp. (HIPH) Distribution in GNC - General Nutrition Center InvestorsHub NewsWire - 3/22/2018 6:52:42 AM
Metrospaces Announces That it Will Not Honor Notice of Conversion for 3(a)10 Due to Potential Fraud Against the Company InvestorsHub NewsWire - 3/9/2018 7:31:42 AM
Termination of Registration of a Class of Security Under Section 12(b) (15-12b) Edgar (US Regulatory) - 3/9/2018 6:11:21 AM
Metrospaces Issues March 2018 Shareholder Letter InvestorsHub NewsWire - 3/8/2018 8:39:59 AM
Metrospaces Announces Cancellation of 1.6 Billion of Common Shares InvestorsHub NewsWire - 3/5/2018 7:45:02 AM
Halitron, Inc. (HAON) Shareholder Update as Audit to OTCQB and Stock Buyback to $0.01 per share Continues InvestorsHub NewsWire - 3/5/2018 7:19:27 AM
Current Report Filing (8-k) Edgar (US Regulatory) - 2/23/2018 9:02:58 AM
Amended Current Report Filing (8-k/a) Edgar (US Regulatory) - 2/20/2018 8:45:45 AM
Amended Statement of Ownership (sc 13g/a) Edgar (US Regulatory) - 2/14/2018 10:22:56 AM
Current Report Filing (8-k) Edgar (US Regulatory) - 1/25/2018 10:13:32 AM
Current Report Filing (8-k) Edgar (US Regulatory) - 12/15/2017 5:24:00 PM
Quarterly Report (10-q) Edgar (US Regulatory) - 10/30/2017 9:03:12 AM
nodummy   Thursday, 03/08/18 07:05:45 PM
Re: freedomfighter123 post# 24922
Post # of 44877 
That is even worse. That means that 1,497,763,019 shares were added to the float and not a penny of debt was paid off. So MSPC is still carrying $1,037,238.88 in debt.

Either way it is going to lead to future dilution for MSPC.

And that proves that the 3(a)10 transaction was structured as an illegal kickback scheme with the shares being issued first before the debt was paid for.

MSPC participating in a kickback scheme is just another reason that MSPC is a suspension risk (besides being a delinquent filer and doing business with a banned securities violator named Robert Gandy).

That press release raises major red flags.

#1) the 3(a)10 transaction was from September (then settled on November 1st) - not from December.

#2) there is no question that shares were issued and sold already from the 3(a)10 transaction. MSPC disclosed this in an 8K from November and the MSPC float grew by 1,497,763,019 shares since the 3(a)10 settlement


The fact that Oscar Brito is giving false information in the press release is disturbing.








Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (5) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist