I see NECA just issued a 1-A. Sound familiar Rein
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Posted On: 02/08/2021 3:32:02 PM
Re: reindeer830 #40814
I see NECA just issued a 1-A. Sound familiar Reindeer? You seem to be still hung up on personal issues that happened years ago. Seems you can't let go. I thought you'd be happier with JB in office. Guess not.
Just because a company issues a Form 1-A doesn't mean that the company will ever actually do the offering. A prime example is ONCI from several years ago.
Canouse claims in the filing that he owns 0% of the common shares as of November 30th, 2020 and takes no salary. Yet he (and his family) own almost all the convertible debt. Remember the pump started on Dec 1, 2020 .
They issued 470 million shares on 12/30 to satisfy debt of $15,000. (.00003 per share) . That is how Canouse makes his money back and then some. Only $1 million more in convertible notes to go.
Trade carefully.
Just because a company issues a Form 1-A doesn't mean that the company will ever actually do the offering. A prime example is ONCI from several years ago.
Canouse claims in the filing that he owns 0% of the common shares as of November 30th, 2020 and takes no salary. Yet he (and his family) own almost all the convertible debt. Remember the pump started on Dec 1, 2020 .
They issued 470 million shares on 12/30 to satisfy debt of $15,000. (.00003 per share) . That is how Canouse makes his money back and then some. Only $1 million more in convertible notes to go.
Trade carefully.
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