Thursday, February 28, 2019 11:24:41 PM
From the Pre 14c Raising the AS to 1 billion
"Issuance of any additional shares of Common Stock may both dilute the equity interest and the earnings per share of existing holders of the Common Stock. Such dilution may be substantial depending upon the amount of shares issued. The newly authorized shares will have voting and other rights identical to those of the currently issued Common Stock. However, the increase can have a dilutive effect on the voting power of existing stockholders."
Long former MVTG and pre first split SGSI share holders will be diluted in the end 12000 to 1.
I don't know about the rest of you shareholders, but I certainly don't remember getting 2,000,000 free shares (400,000.000 pre first split).
And who knows how many free shares they will recieve after the second reverse split.
If that not a "BREACH OF FIDUCIARY DUTIES" I don't known what is.
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