Demand Brands Inc. (DMAN)

[Helter Skelter]

Nonsense. They've been converting the preferred series B stock for years...

Tell me...how is the OS increasing?

I'll answer that. By conversions of preferred series B to common shares at a 1:2,500,000 ratio. This isn't rocket science...it's right in the 'filings'...

As I posted yesterday...they issued 2,000 preferred series B (that convert into 5,000,000,000 common shares) in one fell swoop.

There is a one year restriction on these Rule 144 shares? Over 10,000,000 were issued years ago. They redeemed (rescinded) over 10,000,000 of them but that still left over 8,000 of them (preferred series B stock). The AS for the series B was 90,000,000 at one time. They lowered that to 11,139. There were 8,132 OS as of the last 'filing'.

They convert at 1 preferred to 2,500,000 common.

Over 20,000,000,000 common shares.

20.33 billion to be more precise.

Example of converting series B to common <> over a year ago:



Preferred Series B Stock:

11,139 AS
8,163 OS
76 CONVERTED

76 x 2,500,000 = 190,000,000 common shares.

There was a 1:500 RS (reverse split) on April 20, 2016.

190,000,000 shares were the result of the 76 series B converting.

The AS at the time of the RS was, at the max, 5.56 billion shares. 1% of the OS (5.56B max) is 55,600,000 shares. 10% beneficial owner can only sell 1% of the OS every 3 months. No way the asshole that converted the 76 series B to 190 million common held those common shares through the RS.

The series B that are OS are no longer restricted by the Rule 144 holding period. We all know that.

The 8,132 series B that are still OS (and not restricted) convert into 20,330,000,000 common shares.

20.33 billion.

We all know that.

The only thing that we don't know is who the owner of those shares is. INMG did not disclose this. SEC will not like that one bit...nope, not one little bit. And...the subsequent selling of the converted common shares that should be restricted by the 1% of the OS every 3 months formula.

There's only one question > Who has the 8,132 preferred series B stock that is outstanding and unrestricted? Boom. End of conversation.

That 167,500,000 number looks wrong. 76 series B converting equals 190,000,000. ex-CEO clown-kern for ya...



I'll find out.

Good day.