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Post# of 197
not if she hits no bid - eventually it WILL HAPPEN - of course just In my opinion - once the press stops.
Quote:
jacksira Tuesday, 10/11/16 06:12:41 PM
Re: None
Post #
15428
of 15431 Go
Makes no sense why would they drive their own stock price through the floor? If they decimate us who are the going to sell their shares to?
i have a guess - right in the fins
http://www.otcmarkets.com/financialReportView...;id=158905
5,000,000,000 Common Shares Authorized ( from 1 mil - last run was with 804 mil Float )
2,335,606,702 Shares Issued & Outstanding
On September 8, 2011, the Company entered into an Asset Purchase Agreement and issued a full-recourse Promissory Note (the
“Note”) to Baker Myers & Associates, LLC (“Noteholder”) in the principal amount of $7,000,000 ..... 7mil note holder -
Pursuantly, the( now 6.6million dollar ) Noteholder can covert such debt into common shares of the Company at the so as not to be a holder of more than 4.99% owner of
the Common Stock at the lower of $0.0005 per share or 60% discount of the lowest closing stock price for the previous twenty trading
days tolled from the date such Conversion Notice is delivered to the Company by the Noteholder not below $.00001 per share (“Par
Value”). ---- OOOO1
During the period ended June 30, 2016, the Company approved the conversion and/or assignment to individuals in the
aggregate amount of $324,790.00 of the Note in exchange for the issuance of 849,250,000 shares of common stock .
= 6.66 million more dollars to convert - now if these baker boys are investing in SMAA and it's future, not a heavy share selling circus - then maybe a real company - but i doubt it. Jimo
the bags running dry and now the baker is after the next round of conversion of debt
good thinG is these bakers are good at running stocks up so eventually this will
go up JUST IN MY OPINION
so again - 324k = 849,250,000 shares of common stock
(WHEN $324k Converted - THE PPS was higher - now they are going for 60% @ these levels...w i c k e d.)
just watching and holding my remaining hand
was on the bid but heavier by the day it seems
large whales hits i do admit
bakers'may run the stock up once their next debt conversion is finalized - till then it's pinched - maybe they already converted just today?lol
good luck smaa - When a company goes OTC Current - keep a close eye out - dilution happens unannounced - then you find out in fins next courter
email for SS update sent...
God Bless
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