I completely disagree with the use of shares for acquisitions.
The only way I would want to see this played out is as follows.
AS raised to 12 bil due to hitting .0002 and now more shares need to be accounted for to satisfy requirements of SEC as they have to have enough to cover all outstanding debts of GsL doesn't launch.
GSL is launched, both REDG and TRU (and comic shops) advertise.
We use as much factoring as needed to cover the cost of GSL and every single last debt to avoid ANY conversions converting under .005 for any reason.
The OS should not increase any more if GSL is launched. It's just not necessary. And it's such a brutal hit to both the board and the common stock holders. Let's be done with toxics and pay the 1% per month, versus another 5%, 10%, 20% of EVERYONES stock. The notes were to launch GSL. Factoring should be able to undue the rest of the notes from basically this point forward if GSL is launched.
If they do really well and pps is low enough buy back stock, if pps is not low enough, reinvest it into the company to bring in more revenue.
Then in 6months to a year an R/S after income and pps are increasing and OS has been stable for months with no notes left.
