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Slyck

05/19/15 8:43 PM

#12143 RE: difumetti #12141

Do some DD, that was a convertible hitting the market,


the CEO's shares are RESTRICTED.


Also if you can afford level 2, you would notice that roughly 170million shares was instantly PURCHASED AT THE ASK 0010-0012 range.


That isnt someone "diluting" a stock out. lol


GLTY though,
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GreenGro

05/19/15 8:47 PM

#12147 RE: difumetti #12141

How can you possibly think you know the origin of the shares hitting the BID? Outlandish.
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dcsteve

05/19/15 9:19 PM

#12160 RE: difumetti #12141

215k in notes left was clearly pr'd recently with the intention of paying it all off by the end of this quarter. What CEO that just increased revenues well beyond the 2m annually to over 15-20m just with the china deal does that? Today was enough fundraising to payoff that 215k.


"All of the debt conversions have resulted in a significant reduction in the Company's debt in our 1st quarter of $585,000. We believe that by the end of the 2nd quarter, we will have reduced our debt burden in convertible notes by 100% and will have reduced our debt by $800,000. As a result of the Company's growth, going forward we believe that we can cease the use of convertible debt financing to fund our operations and expansion."