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FAGIxDILUTIONxDDMASTER

08/12/16 1:42 PM

#9693 RE: poco_trabajo_mucho_dinero #9690

I believe they acquired the assets, but we don't know what they paid aside from some restricted shares - but again the shares are at most worth $4.7M so where does the rest of the money come from? Are there liabilities in the acquisition that are coming with it that balance it out?

FINRA can't vet a lack of information so they can't call them out on this. You still can't accurately valuate these shares until we know the details of the transaction - we only know the good stuff conveniently...
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J.T. The DD King

08/12/16 1:46 PM

#9694 RE: poco_trabajo_mucho_dinero #9690

So true. When putting out an announcement such as this, FINRA will require all receipts, contracts and backup documents. Ever since 11/2015 when the rules changed in the OTC, the days of a dishonest company are over. Finra requires proof.