Options Media Group Holdings, Inc. (OPMG)

[VIPR]

They didnt raise the Authorized shares by 500% for the "fun of it", shareholders will get rolled. Read the 8/20 10-Q, they already promised out BILLIONS of shares for "notes", the company is a dilution MACHINE...I guess between May and August they decided 4 Billion Shares wasnt enuff, and decided 8.5 BILLION...was a much better number....the company is simply screwing the little guy...they are handing out shares like a homeowner hands out candy at Halloween

Most people obviously believe and so do we. In our honest opinion we are about to be very nicely surprised and you can forget about the R/S. It is only there when needed and we believe it will be forgotten.

RE:
In May 2012, the Company received $50,000 in a private placement for the purchase of one share of a new Series J Convertible Preferred Stock to be created by the Company. The one share of Series J will become convertible into 50,000,000 shares of common stock once the Company increases its authorized common stock to 4,000,000,000 shares. As of June 30, 2012, the Company classified the $50,000 as a liability on its consolidated balance sheet. Upon the filing of the Series J preference with the State, such amounts will be reclassified as equity. Additionally, another investor advanced the Company $30,000 under a convertible note dated July 2012, which is convertible into shares of common stock at $0.001 per share. See Note 6 and 13.

As of June 30, 2012 there are 13,000 shares of Series A that have not been converted into shares of common stock and upon full conversion, including prior Series A investors due to the ratchet provisions who already converted, the Series A will convert into an aggregate of 1,300,000,000 shares of common stock.