Replies to post #5604 on 4Cable TV International Inc (CATV)

[jpowellvlc]

We wont our money. NOt their dimition

[stockdarockk]

Unfortunately, the damage is already done and he now has to live with the reality that he made a deal with some very bad toxic lenders. As shared there wasnt going to be a safe level to buy. Not even the minimum of .0001 for a flip. Because the worst is yet to come. They will have no answer for this, and the CEO told me he had no idea he'd be dealing with a lot of toxic debt conversions at the .0001 price. So what was an increase in A/S from 300 Million to 5 Billion was so theyd have some buffer room as needed. But... The debtors crushed it so fast, and you can see theres no way now they dont max out, and have to reverse split to even still be around before filing bankruptcy. And they will still be sued for the difference in anything they cant get paid on in shares, when theres no bid or buyers. So now he is accepting his bad deals behavior, and will allow for anyone to ask for his resignation. None of it matters now. These debtors werent happy about the legal stuff the company tried to threatened and they basic took it to the shareholders as recourse. They know they can convert so far below .0001 that no shareholder can now compete.

Even though this was higher when I first started to share, the worst unfortunately, has yet to come, and these prices warrant even more conversations of even more shares now. Theres no way this gets out of November alive. Look how bad November gets. Even Octobers 56k now will convert at a huge percentage under the .0001 bottom. No one wants to lose, but this was very, very, clear to stop buying. This ticker is toast, and even those not wanting to believe and buying 2s, will now face the same fate as it gets to no bid, and 1s stacking a mile high, on the ask. This with have no choice but to need a split to even trade again. The warnings were there.

5s werent the bottom. Nor 4s... And now 3s are dumping, and stacking 4s. Even 2s will be hard to get out off along with them. Take 3s before you cant. They have shares coming every month now. And November is monstrous for dilution. You dont want to buy toxic dilution at the levels seen on their books. And with 3s printing they are going to get the next batch even cheaper. Guys you dont want to buy into this mess.

As I shared in my previous post.

Quote:
You do NOT want to buy in with this coming. Now 4s have printed so its worse. Now at 4s this gets 20% worse for retail, and 20% better for them.

Its close to 190 Million more to dilute now, for Septs note. With 4s now printing and 3s will soon, Oct is going to be outrageous in new shares. And November wont recover, as its incredibly out of control. Look and that monster amount of shares coming for Nov. No way this survives these next few weeks. Many used to use "it was tiny" when it was .002 to .0028. So many have hung on that phrase while its tanked. However, at .0005 and 60% discount makes this batch much more shares. Because it hit 5s many times at the end of August well within the 10 day range needed to determine price to amount of new shares for the toxic lender. They knew it so theyve been dropping it, to benefit them, not retail investors. Then Oct which is 3 weeks away, will be 60% less than the trip 3s or trips 2s that will print. Putting this in the xxxx1 range, and with yet another note, only to again be followed by a whopping amount of xxxx1 shares coming in November. This will eat up half of the newly raised amount. Yet this has a good chance not to get the volume per day needed.

This is not a good buy until these are done and they decide what reverse split to use to try again and this time not make such bad deals on the word of one man.

Look whats coming. You can buy more if you want. But there will be no shortage of new shares. I would advise against that knowing August was their chance to get the price up so a 60% discount might have been a lot higher, by this time. It wasnt. So this is not a good play, not now.

This is whats coming, and EVERYONE has seen CDEL and BMAK be relentless already, which brought it to trip 5s. With more coming and its at trip 5s, they now get 2s or lower. Soon they will drop to .0001 and they wont have many left to sell with them and chance making anything. They will dump on every single trip 1, and many will then begin stacking the ask at a double at .0002.

Whats coming up now, will make this very ugly. And no news will help it, because their last news update, they dumped heavy into. Not allowing a run.

As low as .0005s look, its going to get worse until they compete with no sellers who can make money, while they will on every single share sold.

Before anyone buys in, you need to know this is coming and dilution due to this so far, is why its so far beaten down now. Add in tax selling season by retail, just look at whats due in November, during this time. The amounts of the November notes alone will need December or longer to satisfy. Assume volume will die off and those wont ever be filled without a reverse split. Not trying to be negative here, but people need to know these are now here.

Note coming up:

September 2015 -
In January 2015, the Company issued a convertible note payable for $54,000 to KBM, due September 2015. The interest on the convertible note payable is 8% per annum. The note contained an original issue discount of $4,000 which was excluded from the cash proceeds received. The convertible note payable is convertible into shares of the Company’s common stock at the option of the lender at 59% of the average market price of the three lowest trading prices in the ten trading days preceding conversion. Unpaid interest is subject to conversion.

October 2015 -
In January 2015, the Company issued a convertible note payable for $55,750 to Auctus Private Equity Fund, LLC (“Auctus”), due October 2015. The interest on the convertible note payable is 10% per annum. The note contained an original issue discount of $5,750 which was excluded from the cash proceeds received. The convertible note payable is convertible into shares of the Company’s common stock at the option of the lender at 55% of the lowest closing price in the twenty-five trading days preceding conversion. Unpaid interest is subject to conversion.

November 2015 - GOING TO BE A BRUTAL MONTH.
In October 2014, the Company issued a convertible note payable for $88,000 to Typenex Co-Investment, LLC (“Typenex”), due November 2015. The interest on the convertible note payable is 8% per annum. The note contained an original issue discount of $12,500 which was excluded from the cash proceeds received. The convertible note payable is convertible into shares of the Company’s common stock at the option of the lender at the lesser of the lender conversion price and 70% of the average market price of the three lowest trading prices in the twenty trading days preceding conversion. Unpaid interest is subject to conversion.

In December 2014, the Company issued a convertible note payable for $66,000 to LG Capital Funding, LLC (“LG”), due November 2015. The interest on the convertible note payable is 8% per annum. The note contained an original issue discount of $6,150 which was excluded from the cash proceeds received. The convertible note payable is convertible into shares of the Company’s common stock at the option of the lender at 60% of the lowest closing price in the ten trading days preceding conversion. Unpaid interest is subject to conversion.

January 2016 -
In January 2015, the Company issued a convertible note payable for $26,500 to LG, due January 2016. The interest on the convertible note payable is 8% per annum. The note contained an original issue discount of $1,500 which was excluded from the cash proceeds received. The convertible note payable is convertible into shares of the Company’s common stock at the option of the lender at 58% of the lowest closing price in the fifteen trading days preceding conversion. Unpaid interest is subject to conversion.

February 2016 -
In February 2015, the Company issued a convertible note payable for $31,500 to Adar Bays, LLC (“Adar”), due February 2016. The interest on the convertible note payable is 8% per annum. The note contained an original issue discount of $6,000 which was excluded from the cash proceeds received. The convertible note payable is convertible into shares of the Company’s common stock at the option of the lender at 60% of the lowest closing price in the ten trading days preceding conversion. Unpaid interest is subject to conversion.

[JAV]

You also said a couple weeks ago that the CEO told you news was coming, what happened there?

sprincenatu Wednesday, 09/09/15 01:52:17 PM
Re: ItsLos007 post# 5448
Post # of 5611
The CEO told me last Friday to expect news this week... Probably, that is why there have been so many buys...