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skiytreem9u

10/28/14 5:04 PM

#141474 RE: mdimport #141473

POLAR VORTEXED SHARES! I LOVE IT!
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my2Mustangs

10/28/14 10:50 PM

#141480 RE: mdimport #141473

1.6B+ increase to the OS, 1.9B+ increase in the float between Dec. 2010 and Dec. 2011


(i) Common for the period ending December 31,:
2010 2011 Shares Authorized: 100,000,000,000 2,400,000,000 Shares Outstanding: 499,022,614 2,132,355,947
Public Float: 230,000,000 2,132,355,947
Number of Shareholders of Record: 185 186
Number of Beneficial owners 1035 1035



Like I've said, Matt set this up beautifully. Issues out almost all the AS by the end of 2011 so that promotions of "no dilution" can be used while Matt and his friends sell off what they can when demand is increased as promotions are done for as long as it takes for them to dump their shares.

Did you know that Matt paid himself $1,000,000 in preferred shares in 2011 with a conversion rate of 1 preferred for 10,000 common?

The funniest part is that with the 1.6B+ increase to the OS and 1.9B+ being added to the float the "number of shareholders of record" only increased by 1 with no change in the "beneficial owners."

This Matt Dwyer share selling scheme goes all the way back to 2004 when Matt took over and has been taken to court by noteholders 2 times. Yet he wants to cry about RightSmile not paying their debt. Ironic, isn't it?

The dilution has been ongoing since Jan. 2012 when Matt admits that shares were issued then which brought the float/OS to todays numbers. Like I said, slick trick by Matt issuing all those shares. Have insiders been able to dump the "float" increase of 1.9B+ over the years since Jan. 2012?

I doubt it. The promotions/volume/pps increases do NOT support that many shares having been sold yet.