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Cheds

10/06/17 4:03 PM

#62164 RE: gonza619 #62160

Wayyyyyy too much toxic debt. Maybe buyout at price of .0006 per share

SooS416

10/07/17 7:52 AM

#62204 RE: gonza619 #62160

Remember that the O/S will be closer to 70M and in a buyout scenario after the merger is completed the O/S would be in the neighborhood of 400M after all preferred shares are converted.

So I highly doubt a buyout in the 40M area, maybe 4M which would be .01 a share.

This is why the split is no good for shareholders as you have been massively diluted in the company.