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Re: xZx post# 32435

Tuesday, 06/19/2018 4:05:28 PM

Tuesday, June 19, 2018 4:05:28 PM

Post# of 111081
I have read all the press releases ,the parents and 10 q and thought that this might have been a scam company.

It seems that their technology has been spoken for but their derivatives leave a lot to be desired where they have to reserve three times the as amount of stock to cover the contingent liabilities and accrued interest.. on their income statement it shows as an expense and on their balance it shows this as a current liability.

I am sure with their sister company and the investors that they have had participate
I think they have their business ess plan to
Pull off getting their share price up before they arrange financing either thru licensing areas or countries or the new sales team and marketing program in this way there would be any dilution and then they have choice to retire the convertible notes that can bear up 24 percent accrued interest.

Waiting for further news on their marketing roll out progress as Ithink they have spent too much time and effort to let this company crash and burn.

Anyone have any other thoughts on their ability to raise funding.
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