Perhaps it is somewhat different. So here is the "plan".
It will take 2 more amendments and many more months to complete the S-1. If fully subscribed, they will add 10M warrants. Which means 10M more shares entitled to the TRW dividend. Which could result in more lawsuits but they can't avoid it.
Then, they may try to get some collateral shares back. But I doubt it.
Then, they file the F-1. Then, we need several amendments as well, and finally FINRA "approval".
This stock is so dead.... it's going to take more than a year to complete all of this. But the chart is already telling us this.
Motherf... and the directors will be handsomely rewarded when their first $60,000 is converted into stock some 8-10 months from now. Keep delaying it.
We are better off dropping a bomb on this company. At least there will be some satisfaction.
