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Beatcoaster

02/01/13 5:49 PM

#36808 RE: PLUTUS #36803

Good thing he doesn't need to dilute 15 billion shares right now then isn't it!!...

Signed 3 year lease on a new office space, signed distribution with McClanes among many others in the past 3 months, product selling like hotcakes on the East Coast, Banana flavor soon to be released, Blenders and other IP on back burner just waiting for capital to release onto market - it's only a matter of time before we turn the corner and start making a profit on P3 through the increased distribution channels, and once that happens - bu-bye toxic financing and debt.

I don't need to do the math, and quote numbers from old Q's when I can call and speak to the man in charge...
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grego68

02/02/13 9:36 AM

#36824 RE: PLUTUS #36803

100% INCORRECT!

I emailed Roy about a R/S since he told me on the phone a couple weeks ago there wouldn't be one...here is his email response

From:
INFO Attitude Drinks<info@attitudedrinks.com>
Subject:
RE: ATTD Investor
Date:02/02/2013 09:15 AM
To:Greg XXXXXXXXX<grego68@XXXXXX.com>

We have not planned a reverse split at this time, we would have included it in our proxy and reported it if that were not the case. There are still remaining balances in notes which have floating conversion prices which have contributed to the selling pressure on the stock price of ATTD.



Once the notes have either fully converted or been restructured or redeemed, we will look at ways to re-organize our capital base. We will only do so when we are convinced that it will add to common shareholder r value. Now is not that time in our view. Certainly, the existence of billions of common shares outstanding is cumbersome long term, but we are working through this growth stage for our company and we feel that a reverse split is not timely. Thanks, rGW