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Re: DrZem post# 29982

Friday, 04/22/2016 1:02:04 PM

Friday, April 22, 2016 1:02:04 PM

Post# of 97081
The preferred shares are very relevant. In fact, this is how DECN funds most of their operating loss.

In 2015 alone, 542,860 Series E preferred were issued, and 353,226 shares were converted into common at .0714 per share. This is the revolving door I was referring to. A net increase of only 189,634 for the Year 2015.

To document the highly dilutive impact to common, the O/S of DECN common stock increased by nearly 34% in 2015 alone.