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Re: Level2Me post# 22822

Thursday, 06/30/2016 8:14:11 AM

Thursday, June 30, 2016 8:14:11 AM

Post# of 23033
Yes, OS is going to be less than 1M after post split and pps $0.1/0.2.. yes, I'm expecting a drop but no because of dilution but because of no liquidity at first..
If they exchang $2.1mln SAKL debt @ 0.02 (just speculating) that would add over 100M.. yes, big number but I'm sure they are going to be restricted and then it's going to be in SAKL shareholders hands if they are going to dump it and kill it.. but as I said they are going to hold their restricted shares for a year so CEO is going to have enough time to prove that GRNE is profitable and growing and worth holding by SAKL shareholders. ..
Anyway, I don't worry about that, we would have plenty of time to watch and see and dump before them..
The only issue and big concern is convertible preferred. I think they could create a potential dilution even though CEO told me that they are friendly and their interests is aligned with a company. .. If they are indeed friendly, I would work out better deal/terms with them;
If he did, I would be all in after initial post- split drop.. I sure will be watching.
GRNE

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