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Re: topdog52 post# 51355

Wednesday, 10/04/2017 10:00:42 AM

Wednesday, October 04, 2017 10:00:42 AM

Post# of 54198
The sellers of the business have shares still?

I was under the impression that the share structure is now as follows:

1.7M = old shareholders from CRTC (currently the only tradable shares)

13.3M = convertible notes from old debt (terms of when these can be converted seem unclear)

85M = New shares owned by Deep Green that have yet to be issued (unclear as to what the company's plans are with these ie. how many and when they will sell these to the public)

Am I wrong about the current share situation??

If this is the case, is it possible the 85M shares will be restricted and held by Deep Green employees, therefore making the float 1.7M currently and possibly 15M once debt is converted?