Replies to post #4955 on DD Support Board and Research Team

[nodummy]

Excellent breakdown of EYSM pantherj

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60308325

Matches up with all my findings so far.

I sort of figured that was an error about the preferred shares and Gallagher owned 270,000 preferred (not 270)

Yes there is no doubt tons of dilution is in the cards for the future.

2,700,000,000 common shares from convertible preferred shares

A $1,000,000 debt note to Smash Clicks Inc which can be paid with shares

A $225,000 settlement payment to Sandra Sawyer

$1,000,000 owed for the purchase of Directory.com which can be paid in shares

Other small Notes/Debts on top of that


I still can't get over that Gallagher used one of his companies to pay another one of his companies $1.5 million

I also noticed in the filings that it showed that the company had not had a profitable month ever. So far all we have is press releases put out by Gallagher suggesting that trend has changed recently.

Around $10 million in accumulated deficit over the years.




If the TA is gagged as you said than that is all anybody should need to know. (I hadn't heard the TA was gagged)

That tells me the promises of no dilution until April 15 could have been nothing more than PR hype so the company can sell shares to raise capital.

I know I wouldn't bet on the company keeping any promises based on all the information from the filings.