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Re: Atlanta1 post# 9480

Monday, 09/03/2012 11:07:37 AM

Monday, September 03, 2012 11:07:37 AM

Post# of 71458
As I said,, by special amendment,, decrease is possible BUT,
And triple that BUTT!! ,, they want to DOUBLE it, zero plans on decreasing, I don't understand except by delusion, Not personally against you. That anybody could possible contrive anything otherwise!!
However, that the insiders don't, or do not appear to have a quorum of the vote,, it's not likely shareholders would allow a double of the authorized at this time..
not the floating commons at least..
depending on how many are exactly out there.

BUT!! and you can quadruple this butt!.. But, as stated in the files, they do NOT have enough share to satisfy a current dept. and its convertible discount where around PPS at .007 was calculated,, they would have to issue 'about' 985 million shares..
if that debt holder intends to convert, and has a vote in this, obviously they'd want, need a R/S and quite possibly double the authorized, to recapitalize the share bank..


yeah, I can not believe yawl who ,, and not directed to you either, but so many here, have'n't even to bother this tiny little problem of not having enough share, do the the PPS being beat down to death, to convert this debt holders shares.

as I recall would convert to some 985 million, or there about, including their discount and continuing intrest. and now with a R/S pending,, they'd enable this, and the oustanding would increase to 126 million,, they'd still have plenty share going forward, but 1,000,000,000 athorized?? why??

So many people "Invest" but fail to actually realize, capitalize the fundamentals..



Corn-fused-us Long-vestor ancient saying: Patience and small movements keep a steady course.

I don't have a humble opinion!


At's ma boy!

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