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Friday, May 24, 2024 7:10:39 AM
They were issued PFD E class shares that when converted is 40,000,000 common shares.. todays that's $8k lmfao
As far as the 35% of future profits, well pretty hypothetical because need a couple million to produce HAD , WHERE is that $ coming from, was suggested the company would raise funds..NOT!
Investors? Sponsors LOL...end of day be 35% of F^%# All is F^%$ All !
THEY need to R/S this to $1 then it maybe worth Blagmans time and effort but wipes out current shareholders.
BUT FINRA probably wont approve thus DARK DEFUNCT GREY is name of this movie !!!
On February 28, 2023, the Company completed the acquisition of Wyoming-based Marketing Worldwide Media LLC ('MWML'), which becomes a wholly- owned subsidiary. The consideration paid was the issuance of 400,000 shares of Series E Preferred Stock, which convert into 40,000,000 shares of common stock. The management also shares in 35% of future profits. As part of this transaction, the Company retains the services of Robert Blagman, who ha over 30 years of experience in network sales, communications and management. The expectation is that MWML will generate revenues from ad sales aired on any number of networks contracted.
the Shareholders in regards to the aforementioned Reverse Split. I have told the Board of Directors that the company's ambitions to get to Nasdaq cannot be done by utilizing a 10,000 to 1 reverse split, and I've made some strong arguments to that effect. If a reverse split is necessary, it won't happen right away, these processes take time and even then may not get approval by Finra. This is why I have proposed to the Board that IF any reverse split were to occur, it cannot exceed a 20 for 1 R.S., with a more aggressive lean towards a 10 for 1 R.S. or nothing at all.
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