Replies to post #1870 on VirExit Technologies Inc (VXIT)

[OMOLIVES]

Individuals should have just read the two separate PRE/DEF14 filings. First one stating name change, Series E voting, and authorization to "issue" Preferred shares. Clearly stating "no plans" to issue capital stock.

The second then stating they are in "negotiations/plans" and are planning to issue capital.

Pretty obvious the last raise is to comply with issuance of preferred shares et al for merger/clean slate. They have no/minimal unrelated third party debt left in this shell....so no need to raise authorized from 500 Million to 2.5 Billion. Except for a backing to the issuance of Preferred. And so it goes....

[KeepItRealistic]

Does not help when the new CEO has not addressed his shareholders once since his appointment.

“On January 15, 2019, Matthew D. Alpeter was named the new CEO of each of the Company, MPS, MPS Bahamas and Africhise. In addition, he was also appointed as a director to fill a vacancy on the Companys Board of Directors. Mr. Alpeter will hold the position of Chairman of the Board of Directors. Mr. Alpeter is 54. He brings more than 30 years of technology development execution and production system operations expertise, as well as product management and continuous improvement experience.”