In Ovations Holdings Inc. (INOH)

[VeronicaFox]

MEXP has earned every bit of the negativity it's received. I, along with several others here, warned of a possible AS increase and/or a RS in 2012 because of the rapidly increasing OS and the mammoth dilution. True to what we posted, MEXP increased their AS from 1 billion to 1.6 billion. Almost immediately they did a second increase, raising the authorized from 1.6 B to 2.7 B.

Then a third huge increase took the authorized all the way to 4.95 Billion, approximately 400% higher than the beginning of 2012. To add insult to injury, almost immediately the MEXP principals began issuing shares. In record time, MEXP's issued & outstanding ballooned from 1 ibillion to 3.5 billion.

Pink sheet stocks such as MEXP have a modus operandi, including printing more stock, then issuing PR's merely in order to sell the stock. The fluff PR's are issued, followed by repeated OS/AS increases, leaving all shareholders with an even smaller piece of the pie. In addition, that pie now is a No - Bid stock. Exactly as was posted.

Not a single MEXP PR has been finalized.


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