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05/21/17 2:06 PM

#10852 RE: Advice_Needed #10851

according to this PR:

http://www.marketwired.com/press-release/rvue-inc-announces-increase-in-authorized-shares-otc-pink-rvue-2202573.htm

the OS was 320M once roche converted all the stock he was owed from loans 1 and 2. please double check my math.

then there's "loan #3" listed in the most recent PR:

https://www.benzinga.com/pressreleases/17/05/m9439599/rvue-inc-announces-default-on-secured-loans-and-likely-sale

no terms are listed, but let's say it's convertible. we could even do a "worst case scenario" of a .0004 issue price, which would give roche all remaining shares in the 650M authorized. i doubt he would do that, because eventually when RVUE (or whatever the future ticker is) starts filing again, that would have to be revealed, but let's say he did...

i'd expect roche to issue himself a lot of that stock in exchange for his roche enterprises assets:

http://www.rocheenterprises.com/oak-lawn-marketing-inc

and as for the 10M float, we'll have to look into the filings to see how many of his previously issued shares are off lockup. would he begin selling those shares (and not filing form 4s), i doubt it. again, because if he sells any stock, eventually this will have to be disclosed.

for example, i just can't see him dumping blocks of his own shares before the big whopper "default" PR, only to scoop up some cheap shares on the dip. that's not robert w. roche's style imo.

all this said, i guess we'll find out when the shell changes names, gets current, and is no longer a "dark filer, out to fleece the public" (forgive the humor). :-D

That's the spirit! Keep this thing as current as possible. Looking at the numbers...you still agree the O/S is right around 320 million with most owned my roche, roche enterprises, and his family IVUE? Float sits around 10 to 15 million?