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Re: diannedawn post# 59207

Tuesday, 05/13/2014 7:27:13 PM

Tuesday, May 13, 2014 7:27:13 PM

Post# of 163725
Thanks for your SS breakdown. I have been trying to keep my own counts as well but have a few questions. On the preferred "class B" Matt Schissler is the only holder and has 500,000 and conversion of 1 to 500 correct? Are those restricted and are there any more that can be issued? The "class C" can be converted 1 for 100 common shares in 18 months right? The preferred "class E" are eligible for conversion in 12 months at a 1 to 500 right? Now what about the preferred "class A"? There are 9,118,108 authorized. From what I read none are issued yet but do they really have a conversion rate of 1 class A to 9,118,108 of common shares??!! That would be over 83 Billion, hows that work without raising the total shares authorized which is currently a whopping 20 Billion if they do decide to issue class A shares? Thanks