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Mindpix Corporation MPIX
Posted On: 08/08/2013 6:20:42 PM
Post# of 5570
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Posted By: Big Tuna
Re: GreenFever #3396
Hi GreenFever,

What I would really like to see next would be the OS reduction and an explanation of where those shares came from. I don't know if we'll get that but it should be very clear to everyone that the new guys are very transparent. Many of us are still shaking our heads after seeing how many shares were issued and where most of them went. I'm really curious to see how many of those shares have already been dumped upon us. More importantly, how many of those shares were issued for legitimate business development. Once again, refer to the filings that were released on July 12:



Mindpix Corporation Notes to the Consolidated Financial Statements June 30, 2013


Note 6. Commitments and Contingencies


The Company is seeking the return, from the Emax Media, Inc. and Affiliates, of 522,127,878 shares of its common stock with an aggregate grant date fair value of $3,639,488.   The Company has not determined that the Emax Media, Inc. and Affiliates are still in possession of these shares, but plans to take any and all actions necessary to return these shares into treasury or obtain fair compensation for the issuance of these shares. The grant date fair value is presented as contra-equity in the deficiency section of the accompanying consolidated balance sheets.



As you've already mentioned, I'm sure we will hear a lot more over the next few weeks. I have my popcorn ready for the upcoming show.













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