CBD Denver Inc (CBDD)

[PRmaniac]

And Veve gave preferred shares to himself and another insider, that can be converted to over 8 billion more common shares.

VMGI only has 4 billion common shares authorized, and this is already about maxed-out.

Veve knew each preferred share can be converted to 1,500 common shares, but pulled the shareholder destruction of value scheme anyway.

He probably got the attention right after he decided to give away (mostly to himself) more than twice the market cap in convertible preferred shares. No wonder he went into hiding, IMO.