InvestorsHub Logo

jet101

06/07/17 1:29 PM

#14256 RE: russ5555 #14255

Yea you maybe right the following was just posted on th FB page, I'm not sure by who though.

Talked to Mike Barron, CEO of XREE, and stated that he cannot comment on the dilution happening on XTRN, since he has no knowledge and his concern is not XTRN stock but XREE, therefore i asked what happened to the price drop in XREE and he replied, that some time ago he did a favor to a friend regarding shares of XREE, and that friend is dumping the XREE shares at open market, which Mike Barron has his trading team ready to purchase back, what has being sold by his friend, also was told, that any XTRN shares that have been purchased after May 31st, are not eligible for conversion in XREE shares, therefore people that are purchasing stock in XTRN to average down, are just going to be stuck with XTRN shares and not convertible notes.
It's fair to say that XTRN is now a shell company ready to dilute all shares available, since all assets have already been transferred to XREE.
Feel free to contact Mike Barron @ Phone: 702-481-2343
Email: mbarron@vegasxtrain.com