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Re: Bender77 post# 16185

Sunday, 06/16/2019 10:26:08 PM

Sunday, June 16, 2019 10:26:08 PM

Post# of 26144
I will address these, but not all at once... my time is voluntary, I don't get compensated for trying to educate on how pink sheet shenanigans are done.

Let's start with #1:

They did tell us they were funding it themselves, out of pocket. I wouldnt expect them to collectively dump their life savings into the business account....thats just not the way it works.


CRSM is a public company! Why be public if they are self-funding?

Their debt on the balance sheet is a mysterious and unexplained "loan" totaling $94k. They recently issued ~ 10M shares for "cash". That is $.0094/share...

They claim that the value of the shares was $.05 at the time...

Such a deal, no?

That assumes the entire "loan" is actually a direct exchange for those (now beyond the restriction period) shares!

Invest money and get a 10X return by promoting the shares on social media! Pretty good deal, no?