Red Giant Entertainment, Inc. (fka REDG)

[Rich888]

Let me explain how these conversions work. When it's time for them to convert the debt holders gets there shares at a 50% discount of the lowest PPS in the last 20 trading days. If the price hits a low of .0002 in the last 20 days they will get there shares at .0001. If we owe the debt holder 100k that works out to a billion shares.

What most of these scumbag debt holders do is short the stock down right before they convert to get the PPS down as low as they can to get as many shares as they can. They also have people bash the stock at the same time to scare people to sell as the PPS drops from them shorting. There whole objective is to bring the PPS down as low as they can in that 20 day period to get as many shares as they can. To make it risk free they use the shares they get from the conversion to cover there short position. They wont need all of there shares from the conversion to cover there position being tho when they started shorting the PPS was at .0004 and .0003. Remember they got there shares at only .0001. This gives them a lot of extra shares to sell once the price goes back up from them covering. Usually the company will put out a PR while the debt holder covers to make it look like it's people buying to get more people to buy so the PPS goes up to a nice price so the debt holder can dump the rest of there shares..They make money on the way down and on the way back up. This is how they maximize there profit and how they do it risk free. Usually the debt holders is working with the CEO of company to steal from the share holders. Most all these penny stock companies do it. It's just how it's done. Some are greedier then others. To me Benny seems like one of the greedy ones.

I hold a nice position that has cost me a lot of money so far due to his conversions and his miss use of the shareholders money...

COME ON BENNY LET THIS RUN ALREADY!!!!!