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Tuesday, 01/14/2014 5:43:31 PM

Tuesday, January 14, 2014 5:43:31 PM

Post# of 50877
It had been stated that the primary reason for the dilution was the selling debtholder. Well, from the filings the non-insider debtholder is Wanda Chen, who is still owed 1.459M.

The Q3 dilution only relieved 83K of this debt.

Yet in Q3 221.292M million shares were sold to the public. Looking over the price during Q3 I would say those shares went at an average of .0014. Proper filings would tell you these details but OTHM does not compile proper filings.

221.292M shares at an average of .0014 is $ 309.8K.

Only 83K in debt was resolved. OTHM received approx. 227K for selling their worthless shares to the public. Therefore, I state that the general public is paying OTHM for being a scam that has no products, no services, fraudulent PR's, fraudulent filings, and was in BCSC enforcement hearings all last year.

Did they tell their shareholders that? No, not at all. Some kind of 100% transparent company we have here, and then there is the gagged transfer agent and all that jazz.

Scam company cannot even call up OTC markets and tell them they switched to a gagged transfer agent last January.

Transfer Agent(s)
American Registrar & Transfer Co.


http://www.otcmarkets.com/stock/OTHM/company-info

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