VizConnect Inc (VIZC)

[iclearsubpennies]

Cooleen has failed to respond to various note holder conversion requests. 1. There isn’t enough shares in the company treasury as outstanding toxic debt is upwards of $500k with all of the treasury shares in reserve.

2. Two law firms are sending legal notices to the directors of both VIZC and Bangor Savings Bank Paul’s real employer

3. VIZC had an obligation to satisfy the note holders conversion requests within 5 days of being notified. They have failed to do so.

4. Conversion strike price pursuant to the Anti-dilution clause is $.00001 par value the lowest issuance price which actually was effectuated on 10/9/2015 by the 3 directors in which they issued themselves 200,000,000 shares each at $.00001 for $6,000 in accumulated compensation.

These issuances occurred within 2 weeks of a 1-2500 reverse split which split the stock from .0001 to .25 thereby wiping out shareholder equity from 5Bil out to 2Mil shares then further diluting everyone 300 fold as 2mil shares 100% of the total issued became 2mil of 602mil shares. What a kick in the balls.

They are going down and the tax ramifications of issuing $15mil in stock for $6k in comp are massive IRS, SEC, FBI