Well, they are secure as long as nobody takes the asset away from them. Alan controls everything so he can always reverse the stock and dilute everyone out and give him and Mann bonuses. That is what they did when they formed ENDV. Look up the recapitalization PRs from 2014. 1-100 RS and then issued himself and his cronies a ton of shares.
Additionally, the Company announced that it expects to issue approximately 75 million additional post-split shares to various affiliates, professionals, vendors, note holders and others as part of a plan to recapitalize the Company's balance sheet.
As part of the recapitalization plan, the Company announced that it is offering certain note holders of the Company's current outstanding debt (the "Note Holders") the option to convert the principle amount of their notes and any accrued interest (the "Notes") into shares of the Company's common stock at a price of $0.50 per share (the "Conversion").
The Conversion will allow Endonovo to strengthen its balance sheet in order to attract additional capital to fund the Company's commercialization efforts, develop additional technologies in its portfolio of regenerative therapies and up-list the Company's common stock onto the NASDAQ Capital Market.
"We believe that Endonovo Therapeutics is significantly undervalued in the market based on our pipeline of bioelectronic and regenerative therapies," stated Alan Collier, Chairman and CEO of Endonovo Therapeutics. "This is the first step to meeting the initial listing requirements of the NASDAQ Capital Market, which may allow us to receive a higher valuation, better market support and facilitate the raising of additional capital to support the commercialization of our technologies."
They would probably recycle this PR given how shameless they are.
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