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Audit???
Lay and an attorney filed an affidavit stating that they had no financial info for the Company for the last two years. They even attested to the "accuracy" of the Financial statements that showed that.
Funnier all the time. It's just a scam by amateurs. At least Ogburn was an experienced scammer.
They changed course to file as fully reporting and their attorney hasn't filed yet with FINRA! WHY? Because their accountant is still going back through all the prior years. After that an audit, then they file. Soon very soon but nothing has been in FINRA hand for four months.
Alright then, thanks.
Kidding right? 4 months and FINRA won't even approve the name change.
Funnier all the time. So there will be a 5 BILLION A/S, a post-split increase of 1,667%, and an O/S of 17 Million.
Lordy...how easy these scams are.
Puts it down to 5 mil total shares after r/s
yes-but at 1000:1 and not 4000:1 like originally thought
Just saw that! Are they still going to RS?!
25 bil to be retired per fb post!
Are you saying FINRA will not allow them to R/S?
So what about the pending r/s? Is this still going to happen?
https://twitter.com/DreamlifeTech/status/905502194861875200
and
This will greatly increase the valuation of the shares remaining. No one will loose cash value, new amount of shares will be more valuable🦋
— Dreamlife Technology (@DreamlifeTech) September 6, 2017
Great question!
I just reached out to DL via Twitter (which anyone can do @dreamlifetech) and asked if they have considered doing that....
They are going to tweet this.
Why would they not PR this information, This stock would be at .001
THAT IS GREAT NEWS!!!
I reached out to DL via Twitter after I saw your posting and this was their response to me:
During the completion of going publicly reporting we are canceling over 25 billion shares greatly increasing valuation of the shares remaining, no one will loose cash value, the new amount of shares you will have, will be way more valuable.
I see. Can you confirm all this or is this just a "feeling" you have.
Perhaps you gathered this from your face to face meeting with management?
Dreamlife how many shares are printed for after the reverse split? You can add about 15 BILLION more!!! IMO this is your plan!!!
Dreamlife When will the first filing come out to start the road to being current? How many fillings and how far back do you have to go because the last filing was in 2005. So let alone that you haven't even started it seems it will take years for you to get current. IMO you can't put out the truth of the previous CEO's. GLWT LMAO
Correct. DL intends to wipe out existing shareholders with a RS, then dump tons of shares on their new "investors" while taking the vast majority for themselves.
FINRA is having none of it though.
When you take money from private investors typically they want to own a large percent of the company, DL is not interested in that. They're going to keep control of this company so that it follows the goals and philosophy of the people who created the technology; not outsiders who do not care. This is why they went this route.
**REAL INVESTORS ONLY PLEASE**
This R/S will be a "recapitalization". Death to existing shareholders.
I's so funny to hear how DL is a Kazillion dollar technology, yet DL just GAVE it to IBRC shareholders.
Doesn't get much funnier.
In fact the only thing funnier is DL hyping themselves to the very shareholders they are going to wipe out. And they love it!
Typical vague talk
New Tweet from DL this morning:
"Touchable" #Holographic content becoming a reality...Dreamlife & Claytronics: out of this world quantum entanglement! #Dreamers 🦋
— Dreamlife Technology (@DreamlifeTech) September 5, 2017
Thanks 8)
Yeah, there's some truth to that
I'd be real surprised if they actually told us about the r s before it happens, most of these companies don't let you know until after it happens
well now 5m + 26 lol.
PR a few days ago and absolutely dead today. Like no bid dead. lol Glad I dumped most of this last week
That is why so many pennies are just scams....
...like IBRC
With pennies, the day-to-day can be a little confusing. Often times, the price can dip just before a major rise or it can be a major selloff. Why is this the case? Well, people might be taking profits before the dividend is released because they are not sure of the impact it will have on the stock or it could be on the verge of a major rise because the Market Makers are shaking off the weak hands who are not sure of what they own. That is what makes penny stocks so much fun.
Dreamlife seems your going in the wrong direction? Maybe you should have keep lying about the CBD oil escrow account and all the CBD sales that were there. No filings...No Patent...No CBD...No real Investors and now you will take pennies!!!! LOL GLTA IMO nothing has come true but lies have been caught!
lol yeah about 14 grand bought at .0003 and around 350 sold at .0002... anyone can paint and be ignorant
It's called a recapitalization in that case. A nice way of saying the existing shareholders will be wiped out and have to start over.
Still time to buy shares before the R/S.
LMAO!!!
Not always the case-
Check out the paragraph under the heading REACTIONS.
http://finance.zacks.com/reverse-stock-split-good-bad-2298.html
This is the case here-new management running the show.
Everything will happen at the same time......"next week".
It's kind of a national roll out week for all pinky companies.
I agree. Also when it does happen it won't be as high as many thought....I suspect around 1000:1. Even after the rs I'm not worried though bc some larger investors will come on board, they will be fully reporting, and have some things planned that will bring err back up. Looks like the BL crew has invited the paranormal into their group 8) lol
believe me I am not bidding 2s on this confirmed R/S pos
IF RS happens it will not be for a while
They just sent their papers to Firna earlier this month. No word back from Firna and check their last PR from yesterday.. Also no word on RS updates, After Firna gets back to them which could be months, they will probably announce the RS within a month or two after everything is finalized. I'd guess If RS happens it will be around December
Well not all are bad, especially trip splits that are less than 1,000.. Success rate is much higher with these compared to 4000+, but I'm sure you already knew and that's why these 3's are getting eaten up and why certain posters haven't filled their 2's.
Was an approximate date given for the RS? If not any guess's?
R/S will decimate all investors here, as just about all R/S's do.
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