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DarwinLaw

05/22/18 10:29 PM

#29546 RE: reces #29545

reces - Of course it makes sense. There is currently 3 more contracts past due for $90,000 each and 1 more for $90,000 that comes due on June 30, 2018. If the recipient of those 68,000,000 shares, that were issued at .00132, has been selling on the way up, they will be selling on the way down also, in order to get the next shares for debt tranche issued at the lowest possible price, so they can maximize their profits again on the next acquisition. IMHO, the latest acquisition will not happen, because ADHC has, not only the liability of debt with no cash or revenue, but Brazos would be reluctant to be acquired by a company whose majority owner/founder is a defendant in a current lawsuit.

sjoseph

05/23/18 12:02 AM

#29547 RE: reces #29545

The Company will retire approximately 140,000,000 shares of common stock back into the corporate treasury which will reduce the total shares outstanding to approximately 688,000,000 shares as the first step in this process. These moves do not preclude additional reduction of shares in the future especially if there is opportunity for additional attractive acquisitions. The free trading shares outstanding remain at 330,832,000.