Vestiage, Inc. (VEST)

[JimsZ]

Message in reply to:

Your posts makes no sense. It says once the hardware store entity is sold, 9M of the debt will be gone. So where is this 13M you talk about. Also 1.81B shares were cancelled out of the O/S leaving just under 1B shares.


The hardware entity isn't being "sold". It was forced to liquidate by the bk trustee/judge. That entity didn't hold the majority of debt here, it was the shell.

HCKI had over $23 mil in liabilities... Yes, they "poofed" off $9 million of it, but where did the rest go? - I'd bet it's still with the shell.

And in your second part of comment about cancelling 1.81 billion shares? Yes, they may have cancelled 1.8 billion but they were also diluting into that news! This has already been verified with the TA that the OS isn't at 1.3 billion, but over 2 billion now (after the share cancellation). Pretty easy isn't it, announce cancellation of shares while diluting to create a few buyers for the new crap they're dumping!