InvestorsHub Logo
Followers 605
Posts 69362
Boards Moderated 1
Alias Born 01/09/2007

Re: Dragnet post# 4051

Friday, 04/06/2018 2:11:45 PM

Friday, April 06, 2018 2:11:45 PM

Post# of 4425
This is where it is advantageous for Enabling Asia Inc. (EAIN) to remain as a "pink sheet" company as opposed to filing a Form 10 and become a fully SEC reporting company with full transparency.

With little to no reporting requirements it's easy to institute toxic financing "convertible notes" and slide it right past the investors eyes.

Unfortunately convertible notes have a negative effect on the share price as opposed to conventional financing.

Raising the Authorized Shares is often the first RED FLAG that toxic financing vehicles may be on it's way.