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Re: jufel post# 6889

Thursday, 12/14/2017 1:09:36 PM

Thursday, December 14, 2017 1:09:36 PM

Post# of 8827

SHAREHOLDERS KNOW NO MORE DILUTION
BECAUSE THEY HAVE LISTENED TO THE CC January 2017!!!


That is clearly FALSE!

There is documented post January dilution in black and white straight from their last 10k!!

https://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=12335400

See the preferred recently added C and D shares in red:

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)

DOCUMENTED POST-JANUARY DILUTION!

Dilution is a reduction in the ownership percentage of a share of stock caused by the issuance of new shares.

Holders of convertible preferred stock can exchange their shares for a specified number of newly minted common shares. Convertible preferred stock is dilutive since conversion increases the number of common shares, thereby reducing the ownership level and EPS of each. When financial analysts, investors or corporate managers evaluate a company’s performance, they take potential dilution of EPS into account. “Fully diluted EPS” assumes that all convertible securities -- convertible preferred, convertible bonds and warrants -- will be exercised, resulting in a flood of additional common shares. The potential for an increased supply of common shares drives down the stock price. Corporations can take various "anti-dilution" measures when issuing convertible securities to lessen the probability or impact of dilution.

smallbusiness.chron.com/preferred-stock-dilute-common-stock-63841.html