more nonsense, So if they terminated all employees including Senior management why is Moore answering e-mails and have a phone # conected to Teologis??? If I was behind Telogis and Considering buying RMTD and know tha there are 40 independent shareholders that own less than 1% of the company and I would need to get them out of my way to complete the purchase I will be doing the same they are doing right now. pay people to post bashing comments and instill fear og BK so finaly evryone sells and moves out of the way. Now if my consipracy theory ( and yes, this kind of manipulation never happens on penny stocks, sure)is wrong then RMTD commited fraud and we should get money by promoting a class action lawswuit, simple as that. Either way we should not let them get away with our money. RMTD CEOs are walking away with their pockets full. Let's find a lawer that will be willing to strip them out. There are plenty out there. I will promote a lawsuit if they indeed forcolosed and they will have to notify us sooner or later; anbd not by you sending e-mails. it will have to be official.
Market Capitalization $2.93M at Common Stock, 29,332,221,091 $290,000 par value at .00001
Revenue $1.3M every 3 months $3.8M every 9 months x 18 months = $7.6M
outstanding principal amount, exclusive of interest and penalties of $7,618,951
Telogis bought the assets of RMTD, with a Return On Investment in 18 to 21 Months. Plus taking one less competitor off the market and increasing their revenues over 50% from $9 Million to $14.20 Million per year...... Is worth how much?
Number of Shares Outstanding as of November 12,2009
Stockholders' deficit:
Common stock, $0.0001 par value, 15,000,000,000 shares authorized, 10,575,865,582
shares issued and 10,575,865,535 outstanding at September 30, 2009; 677,858,548 shares issued and 677,858,501 outstanding at December 31, 2008
In March, 2008, we resumed making payments to certain of our note holders of amounts due under the notes by issuing shares of our common stock under the terms of the notes.
In the first nine months of 2009, we issued 6,402,645,880 shares of common stock as partial principal payments on the Series A Notes in satisfaction of $937,110 of obligations due under the notes.
Additionally, during the same period, we issued 3,255,173,554 shares of common stock as partial payments on the Series B Notes in satisfaction of $429,404 of obligations due under the notes.
On September 8, 2009, a holder of our Series B Notes agreed to convert $1,688,032 of obligations due under the notes into 18,756,355,556 shares of our common stock.
This conversion represents an issuance price of $.00009 per share. On November 6, 2009, we completed this transaction and issued 18,756,355,556 common shares in full satisfaction of $1,688,032 of obligations under the notes.
2009/ 10,480,136,386 2008/ 6,660,463,819
August 2008 Reverse Stock Split
On August 13, 2008, we amended our Amended and Restated Certificate of Incorporation to (i) effect a one-for-four hundred reverse stock split of our common stock and (ii) authorize (after giving effect to the reverse stock split) 5,000,000,000 authorized shares of our common stock having a par value of $0.0001 per share. All equity transactions have been retroactively restated to reflect these changes.
April 2009 Increase in Authorized Common Stock
On April 17, 2009, we amended our Amended and Restated Certificate of Incorporation to increase our authorized shares of our common stock to 15,000,000,000.
November 2009 Increase in Authorized Common Stock
On November 3, 2009, we amended our Amended and Restated Certificate of Incorporation to increase our authorized shares of our common stock to 100,000,000,000 having a par value of $.00001 per share.
Common Stock, $.00001 par value 29,332,221,091
RMTD Management's Goal? Control 2/3 of the stock then sell it for profit... IMO