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Chronic The Hemp Hog

06/18/18 1:02 PM

#69811 RE: OKOYE #69810

There is dilution just not as much as many other OTC stocks.

During the year ended December 31, 2017, we issued 8,493,243 common shares to convert $49,249 of convertible notes payable, and $4,916 in accrued interest, to common stock.

Also during the year ended December 31, 2017, we issued 6,700,000 common shares to four consultants for services. We valued the shares at their grant date fair values, charging general and administrative expenses with $84,329.

During the three months ended March 31, 2018, we issued 1,996,331 shares in conversion of an outstanding convertible promissory note. We recorded a reduction of the balance of this note of $10,000 and $1,155 of principal and interest, respectively. We recognized no gain or loss on their conversions as they were converted within the terms of conversion.

Also during the three months ended March 31, 2018, we issued 15,000,000 shares as an equity incentive to a creditor (see Note 6) . We valued the shares at their grant-date fair values and recorded a discount on that debt of $127,500.



So that was $133,578 or 15,193,000 shares in 2017 that had to get eaten up and so far in 2018 we have 16,996,331 or $137,500. It still creates downward pressure on a stock that is having trouble gaining any momentum.

hibarb

06/18/18 7:17 PM

#69821 RE: OKOYE #69810

Totally. Agree with you.

$TTCM

drmicro

06/19/18 12:23 AM

#69824 RE: OKOYE #69810

Simply because the most childish of stepping stones are promised.
Never to be resolved yet right around the corner.

Whilst other companies race away with the idea, and yet the company acts like none of that happened.
Every day is a new day!
Every month is a new month!
Every year ….

Fact is that even if this turd, that is way behind market solutions that are already serving the promise of the Klickzie software. TTCM has an SEC problem. AN SEC PROBLEM THAT CAN NOT BE IGNORED.

So now we have a situation where even the software that should have been released years ago instead of Temple Ted, is now compromised by a get rich quick scheme. Completely ignoring the fact that they are a publicly traded company!!!!!!!!!!

Despite this they built the Klown Koin into it, as it's base monetary ecosystem, with the only way to buy a KLK is with an ETH!

Not sure if anyone here has even grasped the concept yet that if this crap passes SEC scrutiny. It becomes a security and is effectively massive dilution!

It has got to be the most effed up thing I ever seen!


Buy my shares please!