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questionmicros

12/16/14 11:25 AM

#7023 RE: Bigjohn6500 #7022

Yes, the debentures have been converted into 1,046 shares of common stock. Again, 1,046 Common Shares.

If you review the S-1 it states that Jonathan Cummings is the Beneficial Owner of 90.07% of the common stock in the compony, which he issued to himself on October 1, 2014 after the reverse split.

He holds those shares at a ZERO cost basis; he awarded them to himself.

Who do you think is selling?