Mike Lindell Media Corp (MLMC)

[itrade4profit2]

Predator,

It is all in the SEC filings.....GGI buys shares from GZFX at 1.09 per share and with each share purchased receive a specific number of convertible debentures....the debentures are converted into shares at an 18% discount to the average weighted shareprice based on the previous 20 days of trading (see below) Either way because it is a weighted shareprice and discounted at 18% GGI essentially has nearly zero to zero risk.

"We will not receive any proceeds from the sale of the common stock. However, we will receive up to $22,169,619 upon exercise of the warrants by the selling stockholder.".....(GGI)


"This prospectus relates to the resale by the selling stockholder of up to 5,836,435,851 shares of our common stock, including up to 5,816,096,751 shares of common stock underlying convertible debentures and up to 20,339,100 issuable upon the exercise of common stock purchase warrants."

"The conversion formula for the convertible debentures is the lesser of (i) $0.20, (ii) eighty two percent of the average of the thee lowest volume weighted average prices during the twenty (20) trading days prior to the conversion or (iii) eighty two percent of the volume weighted average price on the trading day prior to the conversion."

Either way you look at it, given that GGI (IMO) is just starting its second round of gigantuous dilution via conversion of the debentures and sale of converted shares.....the pps and shareholder value will have an enormously difficult time to maintain a stable shareprice; let alone one that is gaining in value. To top that off, GZFX management has done little to nothing to attract new investors or to support the shareprice during dilution.

I have suggested openly that hiring an experienced PR/IR firm that could attract new investors and garner increased value for shares that are being converted would limit the number of shares required to satisfy the debentures and send a signal to the shareholders that GZFX management is doing everything in their power to minimize the effect of dilution and to maximize shareholder value.....

Look to scoop up more shares once the dilution is done....but anyone suggesting that GGI hasn't started converting has their heads buried in the sand....

JF states that he doesn't want to give the impression of being a pump and dump....I suggest that that is exactly what they have become....