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SYTI

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SYTI

Re: West Coast Snapper post# 3965

Thursday, 05/16/2013 10:17:18 PM

Thursday, May 16, 2013 10:17:18 PM

Post# of 20265
jayp, your post on yahoo doesn't seem as rosy as your usual posts?? This is a response to the new authorized to 950,000,000 ! (kinda seems like things I mentioned and you disputed....what up?

smallcaptrdr24 • May 15, 2013 4:58 PM

if they don't approve it the company cannot raise capital and goes bankrupt. Debt is NOT available. MRL has all the assets of the company tied up with their $5M debt, company cannot get secured debt. You cannot get unsecured debt without the debt being convertible so you need shares available. Proxy needs to happen to survive but that also means stock will get pounded again.
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