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ssroderick

08/18/16 5:36 PM

#111689 RE: Renee #111686

Been following that one for a while - everything about it is toxic!
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MoneyMan

08/19/16 3:16 AM

#111703 RE: Renee #111686

Along with an A/S raise to 750m:

Common stock, $0.0001 par value 250,000,000 shares authorized; issued and outstanding 40,525,595 and 18,295,000 at April 30, 2016 and 2015, respectively

As of June 20, 2016 there were 58,557,482 shares of the registrant’s common stock outstanding.

August 4th: Based on a percentage of the total of 92,635,499 common shares outstanding.

Someone is going to make good money on the at least 50m+ issued.
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ssroderick

08/21/16 9:07 AM

#111749 RE: Renee #111686

And its going to get way worse - tons of toxic debt outstanding. In 10-K Company reports annual operating expenses of $569,000 (approx. $47,000/month) but only gross revs of $67,000 - approx. $5,500/month - and Feldman has a $100,000 a year employment contract so he'll keep bringing in the toxic to pay himself.

He didn't disclose his whole background either Feldman was fired from Law Enforcement Associates and then he sued them for wrongful termination and lost http://www.ca4.uscourts.gov/Opinions/Published/131849.P.pdf. Law Enforcement Associates issued these 8-K filings http://www.wral.com/asset/business/2009/12/02/6533027/LEA_SEC_FILING.pdf and https://www.sec.gov/Archives/edgar/data/1165921/000118143109057462/rrd260244_30667.htm - seems investors would find this relevant especially in light of the huge losses this company keeps racking up.