SunWorks Inc (SUNWQ)

[Mkrak23]

Explain this.

"SLTD is a holding company. It acquires subsidiaries and funds operations by selling convertible debt.

According to their latest 10-Q, shares outstanding increased from 213,290,259 to 330,154,485 from Jan 1 to Sept 30, 2014. Holders of convertible debt acquired these shares at 0.01 to 0.02 per share and flipped them in the teens, a tidy profit at the expense of retail shareholders' dilution.

All of SLTD's convertible notes issued, converted, and outstanding are described in detail in SLTD's 10-Q. Read it if you own shares in the company and are interested in how much your shares are worth.

The 2.8 million dollar note they will be issuing to buy MD Energy in Feb. will be convertible into 28 million shares over three years (convertible at 0.10/share). More notes will be issued to fund capital expenditures and acquire more subsidiaries.

Net result for a retail holder is that when shares outstanding reaches half a billion shares, there will be a reverse split, at which point your 50,000 shares will be transformed into 5,000 shares and your dreams of making a million dollars when pps reaches 20.00 be transformed into making $50,000 on the off chance pps ever reaches 10.00.

Bain, where Nelson comes from, are masters of making money for themselves and their investors by issuing debt that somebody else pays off. In the case of SLTD retail shareholders pay off the debt with dilution.

Read their 10-Q. It is all written down there in black and white. Less"