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Dolly Llama

08/22/17 2:06 PM

#8685 RE: Gentlemen Prefer Bonds #8682

Thanks, Notabadguy. So you're saying that all 800 million of the former A/S were reserved, though not issued, which is why they had to increase the A/S?
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freebies

08/22/17 4:37 PM

#8688 RE: Gentlemen Prefer Bonds #8682

LOL! That means its a death spiral and not to touch it. These as$ holes are a big joke. No news on $6m revenues, margins, or profits. A

All dumb PRs with AS increases to dump shares.

jmo
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bud_fox

08/23/17 9:24 AM

#8695 RE: Gentlemen Prefer Bonds #8682

So basically the note holders will sell this down to trip zeroes to make sure the former fraud ceo Goober pays them back. This is what we call death spiral financing.
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freebies

09/03/17 10:57 PM

#8805 RE: Gentlemen Prefer Bonds #8682

That's a total BS from the IR guy. CD holders convert at a huge discount to SP. With shrinking SP how the hell they reserve shares and how many they do. Never heard that before. Its total BS.

I guess plan is to slowly dump as much of 5 billion as possible on bag holders. When the stock reaches .0001 and no buyers left, just like other pinky scams do RS and start all over BS again.

jmo