InvestorsHub Logo
Followers 135
Posts 6894
Boards Moderated 0
Alias Born 10/01/2007

Re: jay14 post# 36214

Tuesday, 12/14/2021 4:29:56 PM

Tuesday, December 14, 2021 4:29:56 PM

Post# of 39823
Reverse split? Doubt Vechery would like that but, would not be the 1st time CEO 'ScrewU' Halperin converted and dumped into him and diluted it to garbage directly after.

6,882,102,823 + 3,903,185,800 =

Current outstanding!! IS NOW: 10,785,288,623


Yet, the Authorized is dead meat. Simple math per the S filing recently means; before this quarter ends, ScrewU will tell U. Because Delaware no give you the amendments unless U pay them for it.

However, if U no the rules in lending, conversions and warrants then; ScrewU had to increase the outstanding before Vechery or any fool, for that matter, consummated it.

There has to be enough authorized share in the share bank First! And there aint! Not only a reverse split or double the authorized but, ScrewU would be dumping the spit out of it which, as usual, why he's pumping BS again.

And The number of shares has to be plenty enough that, at minimum, there's enough to convert all loans and warrants can convert at any single day. That means, even 20 billion authorized is not enough!!

Mr. Vechery, as co-trustee of the Trusts, beneficially owns 3,903,185,800 shares of Common Stock, representing approximately 40.20% of the outstanding shares of Common Stock. This percentage is calculated, as of December 3, 2021, using as the numerator 567,143,759 shares of Common Stock held by Mr. Vechery, as co-trustee of the Trusts, plus 3,336,042,041 shares of Common Stock issuable upon exercise of immediately exercisable warrants and conversion of immediately convertible notes held by Mr. Vechery, as co-trustee of the Trusts and as the denominator, 6,882,102,823 shares of Common Stock which were issued and outstanding as of December 3, 2021, as confirmed by the transfer agent of the Issuer, plus 3,336,042,041 shares of Common Stock issuable upon exercise of immediately exercisable warrants and conversion of immediately convertible notes held by Mr. Vechery, as co-trustee of the Trusts


Corn-fused-us Long-vestor ancient saying: Patience and small movements keep a steady course.

I don't have a humble opinion!


At's ma boy!