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Re: Frankiy post# 27369

Wednesday, 09/21/2011 4:22:24 PM

Wednesday, September 21, 2011 4:22:24 PM

Post# of 46337
CLNT, It took me a minute to figure out why it has been beaten down so bad. they are diluting but at a pace of about %5 a quater so not that bad. They have around 78,000,000 in assets with only 10,000,000 in liabilities. Here is the kicker.

Preferred stock $0.001 par value (60,000,000 shares authorized, all of which were designated as series A convertible preferred, 15,975,983 and 16,205,268 shares issued and outstanding



http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8099096

They also have a reverse split comming.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8143701

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