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calitrader

04/08/14 2:24 PM

#24837 RE: icahn4 #24836

In OTHER NEWS the PPS is moving up on KGET woohoo +6.76% and rising

rawman

04/08/14 3:28 PM

#24838 RE: icahn4 #24836

THERE IS POSSIBLY A BIGGER ISSUE! It would be very interesting to know KGET's REGISTERED SHARE COUNT in MID-FEBRUARY 2014! Do you know if the Transfer Agent would have this info? A couple of months ago, I authored a few posts questioning the REGISTERED SHARE COUNT. There is certainly plenty of room for error, but the DD seems to show that the ONLY KGET SHARE REGISTRATION occurred in MAY 2013 and the total count amounted to 316mm SHARES. 316mm is basically the SAME AS THE MID-FEBRUARY 2014 FLOAT. This whole share structure exercise would be a hell of lot easier if Bobo would FILE SOMETHING/ANYTHING explaining the ADDED SHARES (AUTHORIZED, OUTSTANDING, FLOAT) and CONVERTIBLE NOTES! Going back to mid-2013, KGET showed 3,000,000,000 AUTHORIZED SHARES. THE OUTSTANDING SHARE COUNT was 2.4 billion. Of the 2.4 billion, Wylie held 1.052 billion and Klein held 1.052 billion. Logically, the REMAINDER of the OUTSTANDING SHARE COUNT was the FLOAT of 316mm SHARES REGISTERED in MAY 2013. The 316mm shares were used to pay off a $25,000 debt obligation that was held by 11 different investors. This is all covered in the PROSPECTUS AND REGISTRATION STATEMENT FILED IN MAY OF 2013. THERE IS ONE REMAINING AND GERMANE QUESTION...WERE THE SHARES HELD BY WYLIE AND/OR KLEIN REGISTERED? IF NOT...HOW DID THE KGET FLOAT INCREASE BY A BILLION SHARES? HOPEFULLY, FURTHER DD WILL VERIFY THE CLASSIFICATION OF THE WYLIE AND KLEIN SHARES!

AGAIN, KGET AND MORE SPECIFICALLY, BO COULD HELP EVERYBODY WITH SOME REAL LIVE TRANSPARENCY?