Replies to post #9216 on White Fox Ventures Inc. (AWAW)

[diannedawn]

HEY SETHY!!! I DON'T SUPPOSE YOU WILL ADMIT I CALLED THIS WAY BACK IN FEBRUARY???
LOL

diannedawn Member Level Monday, 02/08/16 10:40:29 AM
Re: solidus370 post# 9210
Post # of 9778

OMG! Mr. BSeth! Do you even hear yourself?
Quote:

An increase in Authorized DOES NOT mean that the actual shares outstanding will increase anywhere near that amount.

But...
Quote:

This company is currently in an extremely precarious position (there are literally dozens of creditors) and this does provide the Company with a potential method of negotiating away or settling some debt

isn't the "method" going to be to trade shares for debt?
THAT MEANS DILUTION.
Will ALL 8 BILLION shares fly out the door immediately?
Probably not...but what with settling old debts and needing to keep the conpany running...
AND talk of "acquisitions"...
It's not hard to see that MANY of those shares WILL find their way into the outstanding and the float.

Of course, getting creditors interested in taking shares might be a problem...lol...
What are you planning?
First increase the Authorised Shares, then Reverse Split?
Was that the real reasoning behind such a large increase???
Let me guess...you need SHAREHOLDER approval to increase the A/S, but the BOD can approve a RS...

BTW??? Wasn't this conpany putting out PR after PR about how they were "retiring" debt left and right???
I know it was being spun here that the conpany was "debt free"...
I didn't see you stepping up to CORRECT any of that "misinformation"...
WHY NOT???
Isn't correcting misinformation the reason you give for posting here?

WHAT A JOKE!!!