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Re: illegal_alias post# 795

Wednesday, 02/12/2014 4:07:18 PM

Wednesday, February 12, 2014 4:07:18 PM

Post# of 64592
I agree that the debt was done in 2013 but A) the year begins July 1 through June 30 so we are only 2 Qtrs into the year. and B) my point has been that Asher is currently behind much of the selling and using VERT to do so. They started about 3 weeks ago from what I noticed in my Quote Montage. I think MLHC shares will rise going forward but only after VERT is gone.

The horrible thing is that in the past 12 months MLHC went from just over 50 Million shares outstanding to now over 90 Million shares outstanding.

Also, apparently only 3.25 Million shares went to Asher and there is now 5 Million shares increased in the "average" shares outstanding in the last 3 months. That number may be MUCH higher with the company now showing a total of 93 Million shares outstanding (not average outstanding).

AND, AND, And...the company is apparently NOT using any of the proceeds to pay off the debt because they also spent $200 K in the last Q for INTEREST EXPENSE.

Pathetic.