Replies to post #34148 on Logiq Inc (LGIQ)

[sunspotter]

NEWS 02 JUN 2015 STOA ITS ON FIRE WITH ITS DILUTION SCAMS

Brent Suen gives himself the excuse for another 500% MegaDilution:

"The terms of the acquisition are a share issuance of US$1 million of newly issued Seratosa shares in exchange for the exclusive global license of the Wechat Backstage platform. The issuance is priced per share at .005 or equivalent ratio in the event of a reverse split"

http://www.free-press-release.com/news-seratosa-enters-into-software-licensing-agreement-1433231351.html

Given that the current pps is 0.0006 the proposed pricing of 0.005 seems unrealistic to say the least.

I assume it's yet another mistake from the shoddiest scamsters in the business.

Incidentally the PR tries to imply the deal is with Wechat and to ride on Wechat's coat tails.

Of course there's no association between Wechat and Ad2Ltd., no matter what Brent Suen and his IRPs will spin it.

[winningman]

Shows that present shares should be trading at .005. Grossly undervalued.

[lukin4winners]

Very good news for us .005 valuation after r/s! Just what we needed in black and white. The pr says "in the event of a r/s" which implies it may not even happen either way it's a win/win.

Seratosa Inc., an e-commerce facilitator, announces that it has signed a software licensing agreement with Ad2 Limited (“Ad2”), which markets to users of Wechat in China and abroad.

Hong Kong, June 2, 2015 -- Seratosa Inc. (OTCQB:STOA) ("Seratosa" or the "Company"), an e-commerce facilitator announces that it has signed a software licensing agreement with Ad2 Limited (“Ad2”), which markets to users of Wechat in China and abroad.

Ad2, owns an electronic commerce (“eCommerce”) platform named Wechat Backstage that is utilized for the marketing and selling of products to Wechat's platform. Wechat, owned by Tencent Limited (OTC ADR: TCEHY), has 549 million users worldwide, and is a competitor to WhatsApp, Line and Skype.

The terms of the acquisition are a share issuance of US$1 million of newly issued Seratosa shares in exchange for the exclusive global license of the Wechat Backstage platform. The issuance is priced per share at .005 or equivalent ratio in the event of a reverse split. The shares are subject to SEC Rule 144 restrictions.

[liable]

LMAO Brent is really trying to get this suspended!

[Welcome2Pinkyland]

Sweet!

[Elcappy1]

WoW! Brent building this up nicely! STOA

[liable]

I love that this PR is stickied, it shows Brent's fraudulent intentions since there are large differences from the 8k concerning this deal that seems to have fallen through.