HydroPhi Technologies Group Inc. (fka HPTG)

[greenmachine2]

The 10-K for 2016 will tell us the amount of shares the company owns.

These so called undilutable golden shares which gives the company the right to own 84.9% of total amount of shares works by means of a Green shoe Warrant provision.

http://www.investopedia.com/terms/g/greenshoe.asp

benefit 1) to make more money

What is a 'Greenshoe Option'

In security issues, a greenshoe option is an over-allotment option. In the context of an initial public offering (IPO), it is a provision contained in an underwriting agreement that gives the underwriter the right to sell investors more shares than originally planned by the issuer if the demand for a security issue proves higher than expected.

benefit 2) to minimalise the risk of price fluctuation whitin the rules of SEC

BREAKING DOWN 'Greenshoe Option'

Over-allotment options are known as greenshoe options because, in 1919, Green Shoe Manufacturing Company (now part of Wolverine World Wide Inc.), was the first to issue this type of option. A greenshoe option can provide additional price stability to a security issue because the underwriter has the ability to increase supply and smooth out price fluctuations. It is the only type of price stabilization measure permitted by the Securities and Exchange Commission (SEC).

Maybe the company chooses to use this financial tool in order to have minimal effort and expenses on keeping the pps in check or all kind regulations with OTC (OTC Pink has the least rules).
An entrepeneur explained ones his business was a public traded one and he got out of the stock market and became a privately owned one. He told that it costs a lot of time and money to be a public comp. and all kind of measures were for short term gain for the shareholders but he was more interested in expanding the company with a long term vision.

Nikola Zaric is CFO in order to safe costs but why he doesn't answer some of our questions i don't know.

Perhaps the radio silence is in order to let the competition go unnoticed. Who knows.

Let me ask you this... Does not anyone holding convertible securities (convertible to common stock) want to be able to purchase or acquire the stock at the cheapest price possible??

As a retail investor this makes sense to me. But when I buy or sell I cause barely a modest wrinkle in the water if a company dumps many millions of shares in the market for a long period of time the pps will implode and therefore the market value IMO this will give away too much of the company. When you create panic by traders they only want to sell and you end up with barely any daily trading volume so you trigger a death spiral. Besides note holders can allways buy at a discount.