Freeze Tag Inc (FRZT)

[Swizz1]

idk...if they converted right now they'd have 100million shares @.0006. not much room to make any profit on their investment due to lack of volume. if their intention is to sink the company then they could convert in increments over a period of time but there's the clause where they can never possess more than 4.99% which if the authorized shares were maxed means the most they could convert is about 100mill. I don't think the sky is falling by any means but if they did attack it...I'd LOVE to get a few million more in the trips. something tells me the "accredited" investor has no intention of killing the companies ss. all mho of course. what we have to watch for is filings of the now unissued preferred stock being allocated. that imo will mean they plan on using a lot more of the financing and dilution is sure to follow.