Yeah I read em thank god you're here. I guess you DD'd Michael Sean Sobeck and Tangiers Capital then, I suppose in your world everything's all hunky dory and Tangiers is not really a toxic financier. Yeah it's all good news here at CDNL, nothing to worry about, LMFAO.
"Tangiers has rights, under a Convertible Promissory Note, to own an aggregate number of shares of the Issuer’s common stock, which, except for a contractual cap on the amount of outstanding shares of the Issuer’s common stock that Tangiers may own, could exceed such a cap. Tangiers’ ownership cap is 9.99%. Thus, the number of shares of the Issuer’s common stock beneficially owned by Tangiers as of the date of this filing was 51,238,447 shares, as calculated in accordance with Rule 13d-3(d)(1) under the Securities Exchange Act of 1934, which is 9.99% of the 512,897,371 shares that were outstanding on that date."