Thursday, March 06, 2025 12:47:27 PM
Especially when you see that new management has dumped more than 3 billion shares in just a few months. Links to the share count details in post# 40300. This is a share printing machine and this new management show no restraint. Next up are the free trading shares of the reg A. The people running this scheme must be giddy with anticipation. 😆 There are still folks here who got totally conned by the Mexedia false earnings narrative in October and November. Zero sum game here so that $1 million is coming out of the OTC retail bank accounts. $4 million in conversions in that reg A reverse merger agreements. How do they plan to get it sold?
For the period ending September 30, 2024
https://www.otcmarkets.com/otcapi/company/financial-report/420298/content
Page 47
Settlement of Convertible Promissory Notes. During October and November 2024, we entered into settlement agreements with each holder of our outstanding convertible promissory notes, all of which had conversion rights at conversion prices averaging approximately 60% below market prices for our common stock. Pursuant to these agreements, we issued a total of 2,273,000,000 shares in payment of a total of approximately $1,053,817 of indebtedness, including default interest and penalties, represented by such convertible promissory notes.
Bubae
Re: Homebrew post# 40299
Saturday, February 01, 2025 2:41:19 PM
Post# 40300 of 41722
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175746866&txt2find=restricted
Found a screen shot of a OTC site update in a post from March 2024. The Unrestricted share count was reported to be less than 500 million for March 27th 2024. By the end of 2024 it was 6 billion shares unrestricted. Looking at 3 billion shares added to unrestricted since October 9th. Doesn't seem plausible that they managed to get so many free trading shares to dump within the rules so quickly. Looking at the posts at the time those shares were sold with what is a false narrative. I know, surprising to see in the OTC stinky pinks. 🙄 It isn't over by a long shot. They still have convertible debt on the books per the Q3 2024 report filed January 15th and the SEC qualification for the regulation A offering is pending. All this activity is reverse merger related and will run through 2025.
Everything that I post is just my informed opinion and is simply an invitation to debate. Trade on your own due diligence please..
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