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  4. Shub's Shack Message Board

Yep, another empty, regurgitated BS letter yesterd

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Post# of 2009
Posted On: 04/13/2016 11:20:50 AM
Posted By: krid60
Re: Shub #1683
Yep, another empty, regurgitated BS letter yesterday, only confirming a RS is coming, but again without detailing when or at what ratio. No other concrete information, no replies to the multitude of questions IR must have received. Just vague statements.
http://www.otcmarkets.com/financialReportView...;id=152873
IR NTEK style.
At least they acknowledge that they are looking after their "loyal employees".
"The terms of the investments we took in 2015 require that we honor conversions into shares when requested by the investors for the outstanding notes that are due." = More dilution coming after the RS ?

The best is at the end:
"We welcome your feedback and questions." That's nice, but we would like answers too.

Meanwhile, with the five movies from Inception and Alchemy uploaded to Ultraflix last Friday, it's now two months since the last Paramount movie was added. After one third of the (allegedly ?) available Paramount content has been released, no more uploads. Why is that ?
Where is the massive improvement in content throughput they talked about last year, when new/added technology was supposed to speed up uploads ?
What happened to the "100 uploads a week", confirmed by DW three months ago:?
http://investorshangout.com/post/view?id=3486176

Don't bother to ask Wong.



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