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Rev Kilgore Mullet

03/16/14 7:57 AM

#64452 RE: @-@ #64451

We don't know for a fact that there's no dilution with a gagged TA and delinquent SEC reporting. There were a few shares that were authorized and unissued. There were also 100+million restricted shares that could have become unrestricted.

At this point, it would probably cost $50k or more to bring the SEC reports up to date and to hire attorneys to register new shares not including the cost of hiring competent promoters. I believe that this group of scamsters is semi-impoverished given their low budget, neglectful management in recent years. An SEC registered shell has value and there's no good excuse for the scamsters to jeopardize that asset through delinquent reporting unless they are broke. My speculation is that they are running a serial frontloading scheme until they can find another scamster to pay a decent price for the shell.