Posted On: 11/19/2014 11:55:11 PM
Post# of 5570
the bad news....but its really not too bad....the deal will be prosponed...and thats unstandablle bc the revs are low and the OS is maxed out as of now....AS will have to be increased in the future unless the company can generate enough rev before then.
The “Bridge to Believe” tour is a 21-city Gospel tour produced by the joint venture New Gospel Entertainment (NGE).
The venture partners were unable to secure financing for the Fall 2014 tour and it was subsequently cancelled. NGE continues to explore ways to re-mount this tour for 2015.
On July 1, 2014 the company entered into an agreement to sell 525,000,000 shares of its common stock for $450,000 in a
private transaction exempt from registration. The shares have not yet been issued as the company must increase it’s
authorized shares.
Trading Symbol: MPIX
Exact title and class of securities outstanding: Common Shares
CUSIP:
Par or Stated Value: $.0001
Total shares authorized: 1,500,000,000 as of: 10/24/2014
Total shares outstanding: 1,471,573,821 as of: 10/24/2014
The “Bridge to Believe” tour is a 21-city Gospel tour produced by the joint venture New Gospel Entertainment (NGE).
The venture partners were unable to secure financing for the Fall 2014 tour and it was subsequently cancelled. NGE continues to explore ways to re-mount this tour for 2015.
On July 1, 2014 the company entered into an agreement to sell 525,000,000 shares of its common stock for $450,000 in a
private transaction exempt from registration. The shares have not yet been issued as the company must increase it’s
authorized shares.
Trading Symbol: MPIX
Exact title and class of securities outstanding: Common Shares
CUSIP:
Par or Stated Value: $.0001
Total shares authorized: 1,500,000,000 as of: 10/24/2014
Total shares outstanding: 1,471,573,821 as of: 10/24/2014
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"The Preamble
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If the broker-dealer fails to deliver for 13 days, the regulation imposes a “close out” duty to purchase and deliver securities “of like kind and quantity.”
https://www.bloomberg.com/opinion/articles/20...ify%20wall
https://www.scotusblog.com/case-files/cases/m...v-manning/
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