Replies to post #31049 on Sack Lunch Productions Inc (SAKL)

[Blizzld]

Sorry got off when it was 10x the current price.

This is not going anywhere until the capital structure is fixed.

It would have to be 1/5 or less of the current price to even be mildly interesting given all the stock that can hatch from preferreds.

Per the registration statement 970 plus million shares if they get the money. If they dont get any of it they might not be around but still over 360 or so million shares.

The lawsuits the BBB is smoke, and does not matter. With a decent capital structure this can be a home run.

If they acquisition goes through there will be even more stock.

Nothing can go up when there is an endless supply of stock that can sell into any buying.

Also the 600 million of common that can hatch from the new Preferred E stock converts at 80% of market price.... That is a disaster ...

and you guys keep talking about the Better Business Bureau.. wtf