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Re: eskimodobbs post# 35879

Thursday, 03/10/2016 2:50:26 PM

Thursday, March 10, 2016 2:50:26 PM

Post# of 127559
The rs would be part of a package deal with the conversion of the preferred shares to common. When converting, he can't go over the 5.5 billion authorized between the combined existing common shares and the converted common shares. He already reduced the authorized down to its current level so he probably wouldn't raise it back up again.

So the rs would be pointless unless the pps was at .001 or higher. He's not going to do anything with the share structure until after we get out of the trips. He doesn't need the rs to get money out of the company. He's already got the cash revenue generation. It's all about the share structure and the .05 pps. Period.