Lastcall59....The PPM shares (class C) convert to VGPR common at the end of 2 yrs. at a ratio of 2500 to 1. The 4,000 shares will be 10 million. You have to compensate those investors for the additional risk of not being able to sell their shares for 2 yrs. Anyone here with common shares could sell tomorrow if the story turns sour. PPM investors will not be able to do so and potentially face a total loss. You pay your money and you take your chances. Whether that is a good deal or not is up to the individual investor. I also got the Non-Disclosure to sign in an email from MM. Waiting for the PPM to arrive to look it over. It doesn't violate the NDA to simply say I got it in the mail. Loyalhound, I agree that VGPR suffers from manipulators and heavy short interest. There isn't much the "big 3" can say to stop it. They simply have to produce, and the nonsense will end. The market will get it right eventually if they execute the business plan. I was very encouraged to see revenue show up on VGPR's top line. 53K and it was probably all late in the qtr. Also, it showed a 50% gross margin on those sales (all biochar I assume). Two truckloads were shipped for testing or test marketing at a price of $70k. Profit on that alone would be 35K or 17.5K per truckload. One last thought...it's so kind of the negative folks here to constantly worry about our money. They all have no financial interest here whatsoever (ahem), but constantly monitor the board just to protect uninformed investors like VGPR longs. They are truly the Mother Teresa's of I-hub.
