Replies to post #715 on Convergence Ethanol Inc. (fka CETH)

[The Rainmaker]

Bad news for you those shells had ridiculously high shares outstanding before Joe took over those shells. They were full of toxic financing and had to be cleansed. The beautiful part of this deal was that CETH went through a full bankruptcy and had all its debts discharged. The shell was already cleansed before Joe got control here.

This shell only had a float of 11 million shares and only had 24 million shares O/S. Which is why this merger has already closed. All shares have been issued for the merger. There was no reverse split. We already had a PR detailing how many shares were issued.

OTC markets was just updated with all current info and float here is 11.8 million shares and no reverse split.

Thanks for stopping by.

[The Rainmaker]

More bad news for you with TECA, Joe was awarded custody of TECA years after those other people trashed the shell. The judge awarded him custody of TECA to try to salvage the shell. He never put out any news or gave anyone a reason to buy TECA before he had to clean up the shell and do the R/S.

CETH, he got a squeeky clean shell with a tiny float and he only released news once all the shares were issued and the merger closed. If there was a R/S coming here it would have been mentioned in the PR Joe released and it was not. How many shares were issued was in the PR btw.