Lingerie Fighting Championships Inc (BOTY)

[flaflyersfan]

Purified, BOTY only has 2 choices;

I am surprised that the company got current in their SEC filings as I thought the CEO might just resign and walk away from this mess. Now that they are up to date, BOTY must address their non-compliant share structure.

The company has 5 billion shares Authorized but Notes Payable and Warrants that add up to 13,493,128,466 shares.

The company's 2 choices are to increase Authorized Shares to 20-30 billion or to Reverse Split.
I
Increasing Authorized Shares will not work because the company cannot find enough people to buy the stock right now currently waiting to hit the market. The 13 Defaulted loans need their guaranteed money back before they sue the company. Expect a PRE 14C filing for the Reverse Split soon as the SEC will not allow BOTY to remain non-compliant.

Good luck