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I certainly understand, I was in this one

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Saipter   Wednesday, 04/15/20 11:21:43 PM
Re: Magnusson post# 9630
Post # of 9675 
I certainly understand, I was in this one (and still am) when Antonio did a r/s and then diluted the common stock to hell. What they did was basically fraud. Who knows if they even had a working product. Hard to tell from the SEC filings and available info.

Unfortunately now that it is diluted so badly (more than 8.6 billion shares outstanding) there is almost no bid. AAPL has only 836 million.. Tesla just over 100 million. For this company to have any value to me it would need to be able to obtain listing on the very least the OTCQB, but I'm seeking the Nasdaq or NYSE. Although a r/s wouldn't be great, I'm hoping to be able to take custodianship of the company and cancel all outstanding shares of preferred stock, warrants and convertible debt obligations owned by the precious officers to avoid anymore dilution. I would also revise the number of authorized shares down to 20 million and after the r/s approximately 8.6 million would remain in the float.

Anyway, don't buy this stock based on any of these statements. I just found out the delinquencies alone are almost 100K to revive this company just w/ the Nevada SOS. Looking into how I can possibly get them reduced.

-Austin



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