Cam; the company just revised the share structure from 100,million
to 500,million
i believe it is important to know who owns majority in any of these stinky pinkies or over the counter crap shots, until of late strong insiders have held strong.
Steven Conboy..........................45,000,000 57.43%
Mark Vuozzo..............................5,000,000 6.38%
Hudson Bay Fund, LP ..................5,453,000 6.96%
Hudson Bay Overseas Fund, Ltd...7,847,000 10.02%
Alpha Capital Anstalt..................6,650,000 8.49%
Rod McKinley. 0 .0%
All Officers and Directors as a Group (3 persons) 50,000,000 63.81%
so just over 60% of the O/S or outstanding shares have been held by these goons
They just revised the A/S or Authorized shares X5 or 500% yikes!!!
if the company moves these shares to freely traded and recklessly starts selling, flush your head in the toilet with your investment if you have been holding like I have been.
We don't know Steves intentions with these newly authorized shares; but I suspect they will be used to pay down debt and procure new business. Ive heard mentions of a big push / or a big roll and have also heard that it will happen this fall. btw, it is fall
I am working on a correspondence to Steve this weekend.
Steve has been available and forthright with me as a shareholder so my expectations on a response the share structure change and the future of our company are high.
jp
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