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Why GAWK common shares are worthless

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Stock Barber Member Level  Tuesday, 10/24/17 09:23:12 AM
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Why GAWK common shares are worthless

Common Outstanding: 6,342,546,507
Authorized: 15,000,000,000

Preferred A - 1000
Preferred B - 68,187,500
Preferred C - 16 (+2) (each share convertible to $1,000,000 worth of Common Shares)
Preferred D - 21 (+21) (each share convertible to $100,000 worth of Common Shares)

Let's say just 1 of the 16 "C" shares could be converted at the current ask price. It alone converts into 10B common shares.

Current common shareholders own well under 1% of GAWK!

COMMON SHARES ARE WORTHLESS WITH THE CURRENT SHARE STRUCTURE



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