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Re: Be Confident post# 302711

Thursday, 03/06/2014 6:34:53 PM

Thursday, March 06, 2014 6:34:53 PM

Post# of 326338
Normally this stuff is just boilerplate, but in this case the company lawyers are telling everybody exactly what's going to happen.

(It was SO nice to see George O'Leary's name again in that filing LOL, brings back incredibly hilarious memories! And Chas, omg, Chas must be ROFLHAO whilst at the same time admiring the sheer audacity and continuation of YA kicking along the ball he started rolling in Fort Liars so many years ago now.)

"For example, based on the market price of the Company Common Stock on February 28, 2014 of $0.0007 per share, following a 1-for-15 reverse split of the outstanding Company Common Stock there can be no assurance that the post-split market price of the Company Common Stock would be $0.0105 per share or greater. Accordingly, the total market capitalization of the Company Common Stock after the proposed Reverse Split may be lower than the total market capitalization before the proposed Reverse Split and, in the future, the market price of our Common Stock following the Reverse Split may not exceed or remain higher than the market price prior to the proposed Reverse Split.



A decline in the market price for the Company Common Stock after the Reverse Split may result in a greater percentage decline than would occur in the absence of such action and the liquidity of the Company Common Stock could be adversely affected following the Reverse Split.



The market price of the Company Common Stock will also be based on our performance and other factors, some of which are unrelated to the number of shares outstanding. If the market price of the Company Common Stock declines after the Reverse Split, the percentage decline as an absolute number and as a percentage of our overall market capitalization may be greater than would occur in the absence of the Reverse Split. In many cases, both the total market capitalization of a company and the market price of a share of such company’s common stock following a reverse stock split are lower than they were before the reverse stock split. Furthermore, the liquidity of the Company Common Stock could be adversely affected by the reduced number of shares that would be outstanding after the Reverse Split.



The number of outstanding shares of Company Common Stock immediately after the Reverse Split will be reduced by a factor of fifteen (15), the Company will be able to issue more shares of Company Common Stock which could result in additional dilution and which could have a negative effect on the market price of the Company Common Stock. "



a) Is the purpose to prepare the company with the shares necessary to raise capital once the A/S is approved? To raise capital to keep paying salaries and provide the illusion of an operating company
b) Is the r/s designed to prepare the company for a listing on an exchange? LOL, oh my, my ribs are starting to hurt

c) Is the r/s intended to make the company more attractive for acquisition? LOL, oh no, my ribs hurt and I'm snorting now

d) Are both the r/s and increase in A/S intended for YA and BURRINGTON to continue YA's relentless ways and dilute us into nothingness? WE HAVE A WINNER!

jonesie

Yorkville / Cornell Tracking Board #board-9964


"I can think of no more valuable commodity than information"