Followers | 313 |
Posts | 51101 |
Boards Moderated | 16 |
Alias Born | 08/19/2009 |
Tuesday, October 24, 2017 9:23:12 AM
Common Outstanding: 6,342,546,507
Authorized: 15,000,000,000
Preferred A - 1000
Preferred B - 68,187,500
Preferred C - 16 (+2) (each share convertible to $1,000,000 worth of Common Shares)
Preferred D - 21 (+21) (each share convertible to $100,000 worth of Common Shares)
Let's say just 1 of the 16 "C" shares could be converted at the current ask price. It alone converts into 10B common shares.
Current common shareholders own well under 1% of GAWK!
COMMON SHARES ARE WORTHLESS WITH THE CURRENT SHARE STRUCTURE
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