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Urbanlegend

07/14/17 6:39 PM

#7445 RE: OTC Scam Hunter #7443

I don't think anyone is buying shares at par value. Creditors have to option to take shares at 65 percent of market price. I think it's right though that creditors who haven't yet exercised the option to convert would be unaffected by a reverse split. Existing shareholders wouldn't much care for it though.