RJD Green Inc (RJDG)

[Bobwins]

Also when I talked to CEO a few months ago, we talked about the possible acquisitions. He mentioned that he had a company similar to Silex in Minnesota/Wisconsin area. He felt mgmt had expertise in this area and could easily expand concept to other areas of the country profitably. However, he said that funding sources DID NOT LIKE convertible note on the books and so it was unlikely he could get financing until convertibles were taken care of.

So that's why no acquisitions....... BUT now there are no more convertible notes on the books. The dilution happened but at a price triple the price of the stock when I was talking to him. So much less dilution than could have happened. So new lenders don't have to worry about massive dilution coming from Equitas.

Does this mean an acquisition is near? Don't know. Maybe he will wait until IOSOFT starts throwing off meaningful cash. Should only be a few months and he can self finance purchases thru cashflow.

Also the better the stock does, the more he can use the stock as currency. Sellers would be reluctant to accept a stock valued at .007 as payment for their hard earned equity in their company, but might be very interested in a stock priced at .10 that just did a 10bagger! and is showing good profits.

Lots of options ahead. Just need IOSOFT to show those revs and cashflow to make it real. Should be a very interesting summer/fall for RJDG and it's shareholders. So far so good!