Green Endeavors Inc. (fka GRNE)

[benosufan]

GRNE starting to do a repeat of couple years ago? The selling today is probably related to the preferred B shares that were converted earlier this year. See below....but maybe we see GRNE bounce here when they are done selling.

As of September 30, 2014 and December 31, 2013, Green had 195,414,505 and 166,572,135 shares of Common Stock issued and outstanding, respectively. This 28,842,370 increase of common shares is due to the conversion of 33,672 shares of Convertible Series B Preferred Stock into Common Stock during the nine month period ended September 30, 2014 as mentioned above.

During the nine month period ended September 30, 2014, the Board of Directors approved the conversions of 33,672 shares of Convertible Series B Preferred Stock in to 28,842,370 shares of Common Stock of the Company. The shares were converted at prices ranging from $0.00340 to $0.00646 per share based on the conversion provisions for the Series B Preferred Stock designation.