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Sunday, September 01, 2019 12:57:27 PM
THE DILUTION IS NOT JUST FOR THE NOTES;SELLING SHARES IS HOW FLES/TIM DOES BUSINESS!!THIS IS LEGAL STEALING FROM SHAREHOLDERS!!
IT'S ALL RIGHT IN THE 10K!!!!
10K BRUTAL HIGHLIGHTS:
The Company may rely on equity sales of common stock to fund operations. The Company may conduct further equity and/or convertible debt offerings in the future to finance operations or other projects that it decides to undertake.
MASSIVE DEBT($18MIL); MASSIVE LOSSES ($5MIL)
= MASSIVE DILUTION!!THAT'S ALL YOU NEED TO KNOW!!!
NOTHING ELSE MATTERS!!!
DISCUSSING THE NOTES, THE VOLUME, THE DATES... IT'S ALL MEANINGLESS!!
THE DEBT AND LOSSES MEAN MASSIVE DILUTION TO PAY FOR IT ALL!!
TIM IS USING SHAREHOLDER MONEY TO PAY FOR EVERYTHING!!!
Quote:Item 1A. Risk Factors
Our Losses Raise Doubt As To Whether We Can Continue As A Going Concern.
We had an accumulated deficit through January 31, 2019 of $17,689,307 and had a working capital deficit at January 31, 2019 of $5,322,297.
These factors among others indicate that we may be unable to continue as a going concern, particularly in the event that we cannot generate revenues, obtain additional financing and/or obtain profitable operations. As such, there is substantial doubt as to our ability to continue as a going concern. The accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty and if we cannot continue as a going concern, your investment in us could become devalued or worthless.
Quote:The Company may conduct further offerings in the future, in which case your shareholdings will be diluted.
The Company may rely on equity sales of common stock to fund operations. The Company may conduct further equity and/or convertible debt offerings in the future to finance operations or other projects that it decides to undertake.
If common stock is issued in return for additional funds, or upon conversion or exercise of outstanding convertible debentures or warrants, the price per share could be lower than that paid by existing common stockholders. The Company anticipates continuing to rely on equity sales of common stock and issuances of convertible debt and/or warrants convertible or exercisable into shares of common stock in order to fund its business operations. If the Company issues additional shares of common stock, your percentage interest in the Company will be lower. This condition, often referred to as “dilution”, could result in a reduction in the per share value of your shares of common stock.
TIM IS FOOLING EVERYONE... SUCKING THEM INTO BUYING INTO THIS DILUTION!! DON'T BE FOOLED!!!
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