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Re: threewheeler post# 4123

Thursday, 02/09/2017 12:29:42 PM

Thursday, February 09, 2017 12:29:42 PM

Post# of 8827
Why GAWK common shares are worthless

Common Outstanding: 2,244,589,633
Authorized: 9,900,000,000

Preferred A - 1000
Preferred B - 68,187,500
Preferred C - 14 (each share convertible to $1,000,000 worth of Common Shares)
Preferred D - 1 (each share convertible to $100,000 worth of Common Shares)

Let's say just 1 of the 14 "C" shares is converted at current prices. It alone converts into 5B common shares.

Current common shareholders own well under 1% of GAWK!