InvestorsHub Logo
Followers 1
Posts 23
Boards Moderated 0
Alias Born 08/24/2019

Re: None

Sunday, 12/08/2019 11:54:47 AM

Sunday, December 08, 2019 11:54:47 AM

Post# of 50875
To current and potential MSSV stockholders:

Disclosure: I hold almost 7,000,000 shares of LAHO and I wish I knew then what I know now about LAHO, I admit the the players warning you now warned me then but I just saw dollar signs now I have less money now than I had in August...



MSSV, in their Financial filing for the first half of 2019, posted and operating income of -$347,000 and net income of -$1,694,000 according to the OTCMarkets, link below.

In the MSSV 8k November 27, 2019 filing they agreed to assume the LAHO LOI with GSCG and in kind consideration they give Benito Novas 1,000,000 shares of Series AA, 8,974 of Series DD and pay him $225,000 cash.

They will also pay LAHO's debt, in annex C below, which totaled more than $900,000 and issue them 1,000 shares of Series CC Convertible Preferred Stock.

Other shares and monies were identified but the above is key here.

HOW DO YOU THINK MSSV WILL BE ABLE TO ACCOMPLISH THIS FINANCIAL FEAT? THEY NEED WELL OVER $1,000,000!!!

I KNOW HOW THEY CAN DO IT, THEY COULD DUMP THEIR BILLIONS OF SHARES AND RAISE THAT AND HAVE ENOUGH TO KEEP THE PARTY GOING - AFTER ALL, LAHO JUST DID IT!


Link: https://www.otcmarkets.com/stock/MSSV/financials

Note: numbers in Thousands

Filing Date: 6/30/2019

Revenues

Total Revenue 42
Cost of Revenue 11
Gross Profit 30

Operating Expenses

Research and Development -
Sales, General and Admin 153
Non-Recurring Items -
Other 224
Total Expenses 378

Operating Income (347)

Income from Continuing Operations

Additional Income / Expense Items (806)
Earnings Before Interest and Taxes (347)
Interest Expense (540)
Earnings Before Tax (1,694)
Income Tax -
Minority Interest -
Equity Earnings -
Net Income Cont. Operations (1,694)

Non-Recurring Events

Discontinued Operations -
Extraordinary Operations -
Effect of Accounting Changes -
Net Income (1,694)

Key Financial Ratios

Earnings Per Share -0.42
Price/Earnings -
Gross Margin 0.7236
Operating Margin -8.1658



THIS IF FOR GSCG

I. BN shall receive:

a. 1,000,000 (one million) shares of Series AA (as defined in Section 10 herein below); and

b. 8,974 (eight thousand nine hundred and seventy four) shares of Series DD (as defined in Section 10
herein below).

c. Pubco shall deliver the Payment Shares to BN upon execution of the Definitive Agreement or at such other date as shall be specified by the Parties;

d. In addition, Pubco shall pay an amount equal to $225,000 USD (two hundred and twenty-five thousand dollars US) (“Payment”) to GSCG which may be paid in multiple tranches with the total Payment amount being paid in full at the latest upon execution of the Definitive Agreement or at such other date as shall be specified by the Parties;

-------------------------------------------------------------------

THIS IS FOR LAHO

I. Assume, undertake and agree to hereafter pay, perform and discharge in accordance with their terms any and all of the liabilities, obligations and commitments pursuant to the New LOI;

II. Assume, and undertake and agree to hereafter pay, perform and discharge in accordance with their terms any and all of the liabilities, obligations and commitments of Assignor relating to certain debt appearing on Assignor’s books, the whole as enumerated and set forth in Annex C attached herein (the “Assigned Debt”); and

III. Issue to Assignor 1,000 shares of its Series CC Convertible Preferred Stock (“Preferred Shares”). Such Preferred Shares shall bear the preferences as set out herewith in Annex D. Such Preferred Shares when issued, shall be validly issued, fully paid and non-assessable, and free from all liens, claims and encumbrances with respect to the issue thereof and shall bear a restrictive legend if and as required pursuant to applicable securities law.


ANNEX C

Issue Date of Convertible Debenture Maturity Date Interest Rate Principal Amount at Issuance
December 12, 2016 (a) (1)(3) December 12, 2017 10 % $ 85,000
December 15, 2016 (b) (1)(3) September 15, 2017 12 % $ 85,000
June 15, 2018 (c) (1)(2) June 15, 2021 15 % $ 67,565
June 15, 2018 (d) (1)(2) June 15, 2021 15 % $ 18,460
June 15, 2018 (e) (1)(2) June 15, 2021 15 % $ 72,356
June 15, 2018 (f) (1)(2) June 15, 2021 15 % $ 12,561
June 15, 2018 (g) (1)(2) June 15, 2021 15 % $ 107,887
June 15, 2018 (h) (1)(2) June 15, 2021 15 % $ 219,168
June 15, 2018(i) (1)(2) June 15, 2021 15 % $ 25,000
June 15, 2018(j) (1)(2) June 15, 2021 15 % $ 17,708
June 15, 2018 (k) (1)(2) June 15, 2021 15 % $ 4,496
May 16, 2019 (l) (1)(3) May 16, 2020 15 % $ 18,000
June 28, 2019 (m) (1)(3) June 28, 2020 15 % $ 90,000
July 15, 2019 (n) (1)(3) July 15, 2020 15 % $ 19,000
August 2, 2019 (o) (1)(3) August 2, 2020 15 % $ 28,000
September 17, 2019 (p) (1)(3) September 17, 2020 15 % $ 32,000

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent MSSV News