InvestorsHub Logo

Amigo Mike

04/29/16 3:25 PM

#4907 RE: errata #4906

No annual meeting scheduled yet. Not sure how many actually care any more beyond Maggiore and Yaldoo. I know there is a strong Ohio contingent as well. Very nice people. Used to be strong group in Florida but I'd imagine most of them are gone now too.

Interesting the annual Sch13s filed today for Maggiore and HEP Investments. As you can see from the filings the share counts associated with the debt financing are getting too large despite the fixed nature of them.

No filing from Shapiro this year. Not surprising.
Amigo Mike

Amigo Mike

04/29/16 4:07 PM

#4908 RE: errata #4906

...... And confusing Form 4 filed along with the SCH13s.

Either way .... the fully diluted share count is getting overblown. Significant events and revenues will be needed to result in any meaningful stock appreciation. The past year and a half ZERO has literally killed the stock.

Amigo Mike

Amigo Mike

04/30/16 1:59 PM

#4915 RE: errata #4906

The SEC filings of this week are interesting.

Last year a Form 4 was filed .... indicating 1.54 million shares owned after an exercise of warrants purchase. This year's Form 4 ... after an apparent exercise of warrants ..... stated 1.338 million shares after the transaction.

In between, there is no Form 4 indicating any sales. LOL. Without sales the share ownership should have been 1.65 million. Where are roughly 320,000 shares ?

This filing also indicates two sets of debt funding were converted to stock during 2015. (footnotes)
250,000 shares on 6/5/15 and 250,000 shares on 9/24/15. Yet they do not appear in the share count total. They are marked as disposed of.

Amigo Mike