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integral

02/12/16 11:10 AM

#103647 RE: MIKEY501 #103646

LOL. They have to R/S, those $930,000 in notes are going to want to convert soon.

integral

02/12/16 11:15 AM

#103648 RE: MIKEY501 #103646

Here is the fun part. The 8K states that Lee gets 85% of the company pursuant to a conversion feature of the Preferred Stock or 100,000 Common for each Preferred.

I would love to see the Designation, which has not been filed with Nevada yet, or even authorized for that matter.

So, if they R/S the stock, does the Designation say 85% or 100,000 per Preferred. From the 8K, it was pretty clear it is 100,000 per each Preferred.

If they R/S the Common, he still has 10.5 billion and the Common gets R/S.

That would be a huge blow to Commons.

Pretty nasty they fail to disclose this, and have yet to file the Designation with Nevada.

What a bunch of sleaze from Dea and Lee.