ZA Group Inc (ZAAG)

[benosufan]

You may not understand what I was saying.

First, I agree the conversion is no longer 1:100,000 as the par value of the common shares has changed. Therefore your 3.5 Trillion share count is totally false. The conversion should be based on the new par value of the commons...IMO...but I'm not a lawyer and I don't own preferred series E.

Second, no matter what the conversion rate is, Kathy probably relinquished her Preferred Series E shares when she left ARNH to continue her scam with the next company. So subtract 20 million series E shares from your equation regarding an estimated increase in AS.

Third, if a CEO releases a majority of the commons to themselves it is purely for control purposes. IF they R/S they can just release themselves more common shares with no questions asked. Most pinks do it this way...they control the voting majority to run their schemes.

Fourth, sure the A/S still may be 4.85 Billion.....but remember Kathy probably relinquished her 3 billion common common shares as well. Those shares may now be available to accommodate any conversions. The truth is neither you or I know from day to day what shares are being released.

Fifth, I agree there is a possibility that this runs again. There's always a chance that some group will manipulate this to try and flip for profits. That's why it always important to grab some 0001's just in case...IMO.