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diannedawn

07/12/19 3:56 PM

#48223 RE: StoptheInsanity9 #48221

Almost back to pre-split price and I wonder what BSethie will increase the Authorized Shares to...with that inevitable increase...
"In the future, we may need to amend our articles of incorporation to increase the number of shares of common stock that we are authorized to issue, reserve or otherwise offer."
"Currently, we have 100,000,000 shares of common stock authorized under our article of incorporation, with 72,925,920 shares issued and outstanding as of June 26, 2019, as well as an additional 18,827,000 shares of common stock are accounted for in connection share reserve requirements under our currently outstanding convertible debt instruments."

BSethie...King of dilution.

Just your typical penny stock CEO, living off the backs of his poor beleaguered shareholders...

Dilute
Increase the AS
Dilute some more
Reverse Split
Dilute some more
Increase the AS
Dilute some more...
Laugh all the way to the bank


BTW...
Here is yet another error in the filing...
"During the year ended March 31, 2018, the Company issued 1,600,000 shares of common stock to Seth Shaw, the Company’s Chief Executive Officer, for an aggregate value of $150,000 ($0.09375 per share)."

or "During the year ended March 31, 2018, the Company issued 3,066,668 shares of common stock to Seth Shaw, the Company’s Chief Executive Officer, for an aggregate value of $287,500 ($0.09375 per share)."

ROTFLMAO

and here is the compensation that TAUG's glorious "consultant" Johnny likes to claim BSethie does not receive.
page 38
https://www.sec.gov/Archives/edgar/data/1142790/000149315219009783/form10-k.htm

Salary 150,125 BONUS (LOL) 16,250 "OTHER" compensation 59,821
TOTAL...226,196

2018...
Total 180,907


Is that "other compensation" what he got for his trips taken on the shareholder's dime???


WHAT A JOKE!!!

But hey, make sure you keep the gravy train running as long as you can...right BS???