The Prs are right out of the penny stock scam play book.
20+ milllion shares all free trading and a 200+ bagger for those who got em. Gonna be some hurt pocket books on this one with a 50+ million dollar market cap.
'Management would like to note that this private placement is intended for shareholders looking to grow long-term with the Company, and not for flippers or traders. The issuance of long-term warrants along with above-market purchase prices was instituted to place the Company's stock in strong hands with those who want to assist the Company in moving to a larger exchange. 310 Holdings will be filing a Prospectus with the Ontario Securities Commission in order to facilitate future private placements within the Province of Ontario, and a Regulation D filing with the SEC.
310 Holdings Inc. will use these funds to acquire profitable companies whose owners and management are looking for stock-based incentives and/or retirement. These target companies must have consistent revenues, be are already profitable, and will benefit from an injection of the Company's technology to facilitate rapid growth.
Management would like to address the questions directed at the Company regarding trading on the OTCBB exchange. Management is not particularly satisfied with trading on this exchange and is working to move to a higher exchange as soon as possible. It is premature to explore this until the Company's share price meets the minimum requirements of a higher exchange. Management has been in discussions with market makers and they have advised that they will create a market for the Company on a larger exchange. Management is confident that the revenue requirements will be satisfied, but we have not yet satisfied the number of shareholders and minimum share price requirements. As of today, there are more than 250 shareholders of 310 Holdings on record, but more is required to move to a larger exchange. "
AI
