Replies to post #14198 on View Systems Inc. (fka VSYM)

[tchalla]

not bad, but the company has too many shares they are still offloading. company engaging in pump and dump.

[Helter Skelter]

552,000,000 shares.

$44,989 + $40,000 + $53,000 = $137,989

$137,989 / $0.00025 (50% discount to lowest trading price, $0.0005, 25 days prior to conversion) = 552,000,000 shares total that can be added to the OS (from the three convertible notes that convert to free trading shares, convert into the OS and float, that can be sold immediately. The $38,000 note cannot have shares sold from it until the 6 month restrictive period expires, around February 19, 2020).



Link > VSYM 10Q filed 12/09/2019 for period ending 09/30/2019.

118.7M + 314.1M + 220.9M + 98.5M + 121.8M = 874,000,000 shares have been traded this week alone, so far...

VSYM low OS = 665,449,372

OS was 376,520,421 as of November 4, 2019.

Link > https://www.otcmarkets.com/stock/VSYM/security

OS as of when(?) was 665,449,372.

So, approximately 300,000,000 shares have been added to the OS (376M to 665M) since November 4, 2019.

Approximately 900,000,000 shares have traded this past week.

Preferred shares (5M) convert to 60-75 million common shares but are held by a 10%, or greater, owner of the OS. Filing says preferred shares convert at 1:15 into commons but I saw a calculation in the filing (10K) that indicates a 1:12 preferred to common ratio.

Note holders (converters) have a 'look back' period of 25 days, now about 20 days, to get that $0.00025 conversion strike point. Personally...I'd hang on to convertible note dollars of 100 million to 200 million shares to sell at much higher prices (say $0.005ish or even pennies if truth is in the PRs coming from Uruguay and Columbia.

lasernat...what date is that "OS = 665,449,372" from? Thanks.

Good day.