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Re: None

Sunday, 09/16/2018 9:05:48 AM

Sunday, September 16, 2018 9:05:48 AM

Post# of 192688
The company cannot do a R/S without shareholder vote. Insiders don't own enough shares without a vote. Also, there are no special voting rights from preferred shares like most OTC companies have which don't require a shareholder vote. So, if the company is considering a R/S then they have to submit a SEC Form PRE-14C proxy statement to submit your vote. We the shareholders can nullify a R/S since Insiders only own 22% of the common stock. If you include Reddy's 9.3M shares then beneficially owned shareholders & Insiders own 28% of the O/S. Our vote matters!!! So, all this B.S. R/S talk is mute at this point in time.


O/S = 153,698,043 as of 08/14/2018

Cutaia = 27,999,524

Geiskopf = 4,164,000

Clayborne = 2,000,000

Insiders total = 34,163,524

Reddy = 9,300,000

Total Beneficially owned & Insiders = 43,463,524
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