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colt8806

11/06/12 5:59 PM

#83130 RE: HollywoodFastLane #83124

Dilution-
Making statements or comments with no factual basis by talking out of your a**. Diluting the facts with make believe scenarios to put the company down. Saying the same pointless comments over and over (with no facts to back them) that the CEO has already put to rest and proved wrong.


...your right there is dilution here, but not from the company stand point.

Da Ghost

11/06/12 6:09 PM

#83132 RE: HollywoodFastLane #83124

ICPA



and both together create the Grand Illusion ..

nice work Steve ... You seem to know all about dilution .

Shameless ... a disgrace ..

Dilution knows no boundaries in this arena ,, ICP(os)A is no exception ..

Got truth ?

mikenmtv

11/06/12 6:19 PM

#83133 RE: HollywoodFastLane #83124

"Negative Dilution" is also when people are allowed to sell your fully reporting securities short without the shares to back them up in case they have bet WRONG!

B402

11/06/12 8:46 PM

#83164 RE: HollywoodFastLane #83124

More Negative Dilution to Come

Convertible note payable 269,747

Conversion of debt to equity $157,500

Proceeds from notes and loans 165,000

Stockholder advances, proceeds 22,500

total operating expenses 73,144

(unaudited)
Convertible notes payable: a series of notes have been issued at various times with identical terms: maturity within 9 months; interest rate at 8%; convertible at 50-65% discount to trading fair market value; convertible at option of holder
$180,500


Convertible demand note payable, dated September 23, 2011, no maturity date, 2% interest rate, convertible at 50% discount to trading price at time of demand
$199,000



On June 11, 2010 the Board of Directors of the Company approved a reverse stock split, whereby one common share was issued for each thirty shares of common stock held (“30:1”) (184,060,170 shares exchanged for 6,135,339 shares).

The company has one class of stock, common. Two billion (2,000,000,000) shares of stock are authorized by the company’s Amended Articles of Incorporation filed within the State of Delaware, at par value $.00001