Saturday, September 29, 2012 2:01:35 PM
This will give Raymond T Brown a good excuse to raise the A/S again.
No doubt the extra one billion and seventy five million shares he added to the A/S in April have already been issued to Raymond T Brown II and his partners-in-crime (there's only one reason Pink Sheet "CEOs" gag TA as Raymond T Brown II did, and that's so they can dilute on the quiet).
While the terms of this deal with TCA are unknown (surprise!), from the past history of both TCA and the mob running EGOC, it will involve toxic death spiral financing, floorless convertibles and a few billion extra shares.
Worth keeping an eye on the Nevada SOS details to see when these are issued:
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=nQUGwhdnA8XBzNit2cNTsQ%253d%253d&CorpName=ENERGY+1+CORPORATION
"It is difficult to get a man to understand something, when his salary depends upon his not understanding it."
Upton Sinclair
"Nobody ever went broke underestimating the intelligence of the American public."
H. L. Mencken
North Bay Resources Announces Mt. Vernon Gold Mine Startup, Sierra County, California • NBRI • Aug 5, 2024 9:00 AM
Fifty 1 Labs, Inc. and All-In-Extracts Announce Joint Venture to Develop and Release New Testosterone Boosting Supplement • BLEG • Aug 5, 2024 8:30 AM
Kona Gold Beverages, Inc. Announces Strategic Initiatives and Corporate Direction Changes • KGKG • Aug 2, 2024 2:00 PM
POET and Luxshare Tech Expand Product Offerings for Artificial Intelligence Networks • POET • Aug 1, 2024 9:28 AM
Management Discusses Financial Filings of Global Arena Holding Inc., for 10-K 2023 and 10-Q, 1st Quarter 2024 • GAHC • Aug 1, 2024 9:14 AM
VAYK Announces LOI to Acquire $1 Million Home Service Company to Support Airbnb Business • VAYK • Aug 1, 2024 9:00 AM