InvestorsHub Logo
icon url

DragonBear

12/28/14 12:57 PM

#214415 RE: janice shell #214208

it's becoming obvious it well exceeds our authorized 750 million.

What does any of this have to do with shares authorized?



Yeah, technically they should say "issued". Their play being Reid has admitted he maxed out the 750M authorized in the Nevada license with issued. Even though the authorized number wasn't large enough to account for then potential additional preferred to common conversions. At one point Reid had the A/S set for 1B, and then reduced it back to 750M. Trying to make the share count look better for the 2012 pumps?

It was written by someone who has NO ideal what any of this is about.



Reid and the Ghost Tweeters keep falling into the same trap. The tweeters come up with events which have specific timelines. The tweeters didn't understand the Form 10 process is 60 days start to finish, not many suspenseful months of waiting. The tweeters didn't understand a BOZO/NOBO is a 5 business day time frame. The tweeters just don't understand how the market works. The tweeters drift from one conspiracy to the next to explain when nothing happens.

Next up will be mystery legal intrigue, with the share numbers never being released. Too bad. More fun would have been to report some inflated claim to the SEC. Hilarious will be the pivot to the KMAGinary proxy for the KMAGinary SH party. SHs to approve staying in the grey market forever? LOL