Replies to post #57599 on Beyond Commerce Inc (BYOC)

[warfaretrader]

Lol, they most certainly are, written by lawyers and CPA's and diffidently designed to create confusing. At the end of the day this has been mentioned here numerous times by me and Trek. Discovery is and has been the institutional investor all along. Maybe we see an 8k here soon if not the next Q will certainly shed some light and clarity. Regardless these funds have been raised for an acquisition imo, not a new boat or villa as someone pretends to push and or believe. You can see from outside financial news pr's BYOC is getting some attention and i believe this is just the beginning of what's coming. What i'm most interested in now that we have this filing is what happens to OTCX?? Next week is going to be interesting to see how this gets played out. THere is also little doubt now imo there most certainly will be a pump here and what we saw early last week is nothing of what's to come at some point. I'd would also like to add that when i said early last week OTCX/BYOC used that pump to there advantage and might have even been done by them behind the scene "wink wink". Its a pretty bid coincidence they issue this filing following the largest volume week in BYOC's history. We now have at least one institution holding a billion shares of common and a CEO likely holding close to the same! I don't know about any of you but i'm feeing like good buying those 8's and 9's. By some crazy chance they give me the ability to buy more at that level i will be "HAND OVER FIST!" Until then i'll just sit back and patiently wait for things to play out! BYOC

[Trek95]

Anytime a party like you, me, Discover holds more than 5%, that is significant enough to affect the voting power, and a 13D or G must be filed.
https://www.investopedia.com/terms/s/schedule13g.asp

Any time 10% or more is held, then the party is bound by section 16... so there's a reason it's at 9.99%, just like before at 4.99%.
The original note bound Discover to 4.99%, as well, but that requirement was lifted on the 20th.

I do expect that last billion, which is related to the note, to be diluted, and then the note is fulfilled, thus the Series C shares would inherently be cancelled. Since those Series C conversations seem like a scare tactic anyways, this makes sense and all legal, since they (BYOC and Discover, aka John Kirkland) made it that way.

As for what all this dilution is for, remains to be seen. I actually really want to know who's been the SLOW acquirer since June of last year.