RJD Green Inc (RJDG)

[tedpeele]

Can you clarify "It isn't an option if he wants investors" please? What is "It"?

I'm not sure how it works when all the notes are due, as is the case here. If the holder gave notice after August 31 that he wanted to convert all of the remaining debt (which was all due) to shares, then based on the price of .0035 at that time, and 60%, he would have been given around 140 million shares, nearly doubling the current OS.

If he tries to sell that many shares without regard to the price, doesn't he end up shooting himself in the foot since the price would crumble, and he may only get an avg of 1/10?

At an avg volume of a million shares a day that could take a year to finally sell off.

SO, it makes no sense for management to let that happen. Some agreement should be made so that the note holder gets a fair amount, while minimizing any dilution at all to the shareholder, especially since the company should be in a good financial position to do so.