Replies to post #18895 on 4Cable TV International Inc (CATV)

[Smallville]

On second thought I retract my statement.

CATV has made mistakes on several filings.

'In January 2021, the company agreed to reserve 2,148,820,062 of common stock as coverage of $113,322 (principal and accrued interest at 1-7-21) of convertible debt held by Marquis Trading, LLC. These shares were issued and held in escrow, but are not considered outstanding, as Marquis Trading has no rights to the shares unless it elects to convert the outstanding debt into common shares'.

Did they err leaving the word 'restricted' out, above?

Or did they err by adding it in here?

On January 11, 2021, the Company issued 2,148,820,062 shares of restricted common stock, which were issued to an escrow account as determined by Marquis Trading, LLC as a reserve for the possible conversion of the convertible promissory notes held by Marquis Trading, LLC. Pursuant to a January 7, 2021 agreement between the Company and Marquis Trading, LLC, the Company agreed to provide shares for the coverage of the conversion of the convertible promissory notes for principal and accrued interest totaling $111,322. The shares were issued and placed into escrow, but are not considered outstanding, as Marquis Trading has no rights to the shares unless it elects to convert the outstanding debt into common shares.

I'll probably go with Bruce on this but it shows, AGAIN, the OTC is filled with scammers and incompetents.

[BruceLake]

Shame on the company for not providing clarity. Or one might say shame on the investor that does not read the entire filing to get a better picture.

But I do agree that these kind of conflicting statements create nothing but confusion.