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Bubae

06/07/21 7:52 AM

#111206 RE: Wingus37 #111198

There are many problems with the NASDAQ bluster. Big one of which is that Jason is essentially the sole proprietor of this company through his exclusive ownership of all class 'A" preferred shares. No board and no vote needed for reverse split etc. So the company structure doesn't qualify to begin with. NADAQ requirement for total assets of $4 million needed and how to they get the $3.00 share price minimum? Huge reverse split can get them there but it certainly won't hold. They pumped the OTCQB uplist last year and couldn't get it. This is what Data433 does best, hype and PR to create the volume needed to sell shares. They need cash for something. Once they get the balance of the authorized shares sold it will be reverse split time. I suspect that is what this final push if for and the revers split will be soon after.

"As of December 31, 2020, we had assets of cash in the amount of $58,783 and other current assets in the amount of $136,503. As of December 31, 2020, we had current liabilities of $5,617,390. The Company’s accumulated deficit as of December 31, 2020 was $35,518,584."

https://sec.report/Document/0001493152-21-006652/