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Tuesday, July 26, 2022 4:11:53 PM
THE DILUTION VOTE RESULTS WILL BE A "NO" VOTE OFFICIALLY ON THE AUGUST 1st FILING
SQUEEZE IS ON THE WAY !!!!
If they had a winning Dilution Vote they would have Announced it .. imo
The Majority of the Voting occurred prior to the Shareholders meeting
MULN ALREADY KNEW and KNOWS the RESULTS
Uh....NO LMAO ??????????
This scam is rigged via the PREFERRED SHARES which ALL lie in the hands of MIA dirty Michery - who probably blew to much coke and male hookers last night and thus pulled the oldest scam in scammary history:
Aka "Geee, the CEO landed in the hospital with that pesky "infection" like magically timed, so the "D-"" crew will handle the ass clown "read a worthless script meeting" and "pre-determined rigged share vote" ...blah blah blah WTF !
https://www.otcmarkets.com/filing/html?id=15448333&guid=T7k-kWWZmOOCJth
MULN SEC FILED 10-K : ALL VOTING RIGHTS ARE HELD VIA MICHERY via rigging the preferred share structure. The VOTE IS DONE AND OVER before they even printed the bullshit proxy notices to the bagholder/shareholder suckers !
QUOTE PAGE 38 SEC 10-K :
"The voting structure of our Preferred Stock has the effect of concentrating voting control with David Michery, our founder. Until the voting rights of the Series A Preferred Stock are reduced, this will limit or preclude stockholders’ ability to influence corporate matters, including the outcome of important transactions, including a change in control.
Shares of our Series A Preferred currently have 1,000 votes per share and convert into our Common Stock on a 100-for-1 basis, while shares of our Series B and Series C Preferred and Common Stock have one vote per share. David Michery, our founder and Chief Executive Officer, holds substantially all of the issued and outstanding shares of our Series A Preferred and currently holds voting power over the Series B and Series C Preferred.
Accordingly, Mr. Michery holds approximately 73% of the voting power of our capital stock. As such, Mr. Michery is able to control or exert significant influence over matters submitted to our stockholders for approval, including the election of directors, amendments of our organizational documents and any merger, consolidation, sale of all or substantially all of our assets or other major corporate transactions. Mr. Michery may have interests that differ from yours and may vote in a way with which you disagree, and which may be adverse to your interests. This concentrated control may have the effect of delaying, preventing or deterring a change in control of our company, could deprive our stockholders of an opportunity to receive a premium for their capital stock as part of a sale of our company, and might ultimately affect the market price of shares of our Common Stock.
All of our debt obligations and our senior equity securities will have priority over our Common Stock with respect to payment in the event of liquidation, dissolution or winding up, and our outstanding senior securities restrict our ability to pay dividends on our Common Stock.
If we were to liquidate, dissolve or wind up, our Common Stock would rank below all debt claims against us and claims of all of our outstanding shares of preferred stock. As a result, holders of Common Stock of the combined company will not be entitled to receive any payment or other distribution of assets upon the liquidation, dissolution or winding up of the combined company until after all our obligations to our debt holders have been satisfied and holders of senior equity securities have received any payment or distribution due to them.
In addition, our Certificate of Incorporation currently requires us to pay substantial monthly dividends on our Series C Preferred in cash or in stock. Although we can pay such amount in shares of our Common Stock, the issuance of additional shares may dilute the company’s equity and adversely affect the trading price of shares of our Common Stock.
38
"
SEE THAT - thems the facts. And jack ass meth head and weed smoker Godpill the idiot - "claiming" that see see see man, the vote was JUST THE PEOPLE IN THE ROOM blah blah = too stupid to even comment on WTF AGAIN !!
The "VOTE" tally is held by INSIDERS and really Michery alone - he "needs" NO OTHER VOTES to "swing the vote" to ANY OUTCOME HE WANTS !!
He controls ALL the preferred share class and it carries a 1000 to 1 vote ratio to the common bagholders.
The Mich aka MOOCH has it rigged and has consistently raised his PREFERRED HOLDINGS such that NO MATTER HOW MUCH IS/WAS DILUTED - HE and HE ALONE ALWAYS ALWAYS ALWAYS holds well over 51% of the TOTAL VOTE COUNT !!
OLDEST CON IN THE BOOK - it's done by OTC scammary fraud "companies" all damn day long - since the beginning of time.
An 8-K will be filed in a day or two and ALL MEASURES PASSED WITH EASE - as INSIDERS aka THE MOOCH-MICH HOLDS ALL the "voting rights" majority.
No more complicated than that - all else is folly and gross misinformation.
There is NO damn fantasy "squeeze" and the DILUTION IS GOING TO BE A TRAIN WRECK WITH A BAD PLANE CRASH WRAPPED AROUND IT - this PILE OF DOG SHIT will be at 50 cents or less in a NY nano second.
THEN - Michery the con will REVERSE SPLIT IT and wipe the legacy bagholders easier and faster than a tactical nuke strike on a direct hit :)
Michery is on a fast-track to being indicted for securities fraud - the dude better get used to soap on a rope and "how to trade cigs for handy needs and fun times" as CLUB FED is in his future, as sure as the sun will rise this week LMAO !!!
Posts contain only my amateur opinions, personal views and thoughts. I discuss stocks as a hobby only. Always do one's own due diligence before investing.
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