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Post# of 47639
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1manband

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1manband

Re: Captain Black Bob Blanco post# 33729

Tuesday, 11/19/2019 6:57:40 PM

Tuesday, November 19, 2019 6:57:40 PM

Post# of 47639
Lots of new toxic convertible debt! What a surprise!

And now the company has been forced to sell new shares at just $0.0036 per share. Looks like the stock is now grossly overvalued!

"For the period of October 1, 2019 to November 14 2019, the Company issued subscriptions payable for 1,875,000 shares of common stock for $97,500 in cash ($0.0036 per share)."

And the company is quickly starting to run out of stock, as those new toxic convertibles require sufficient authorized but unissued stock to convert into. As expected, the reverse split will be coming soon.
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