Bitzio, Inc. (fka BTZO)

[Jahvik]

" The conversion ratio is such that the full 800,000 Series G shares convert into GreenShift common shares representing 80% of the fully diluted common shares outstanding after the conversion (which includes all common shares outstanding plus all common shares potentially issuable upon the conversion of all derivative securities not held by the holder). "

BTZO owns 80% of GERS.....

All issuable and convertible share were taken into consideration in Dec 2015.