Replies to post #50625 on Momentous Entertainment Group (fka MMEG)

[peonofstocks]

Just because I post facts about this stock does not mean that I am whining, get real.

[peonofstocks]

I'm still waiting on you to answer why anyone would buy shares in this company right now knowing more convertible debt is coming. Trust me, I refresh the NVSOS site every morning anticipating that A/S increase to 20B. Once that comes, I will gladly dump my investment here at .0001 for a 90% loss. Go check out the other oreva/vert capital tickers for a blueprint of what is more than likely to come.

These are the facts:

Are you aware of how much money this company owes via convertible (for the uninformed, convertible debt means they convert the dollar amount owed into shares. Basically taking value away from your CURRENT shares.). They owe roughly $175,000 in convertible debt due in November and then they owe the CEO of Blackfox $500,000 in November.

Take that number ($675,000) and divide it by current PPS and you will see how many shares it will take for them to sell to pay off that debt in November.

675000 / .0001 = 6,750,000,000

That's 6.75B more shares they will have to add to the current share structure in order to pay off their loans next month.

You probably have what? 5-10m shares? Might as well assume their value at a fourth.