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Thursday, 10/26/2017 1:31:37 PM

Thursday, October 26, 2017 1:31:37 PM

Post# of 17821
A reason an R/S would not be beneficial to the directors: On the Form 3 for Patrick Stiles, the note concerning the Preferred Stock shares:

Each share of the Series A Convertible Preferred Stock is convertible into the number of shares equal to 0.00006% of the Company's outstanding common stock immediately after conversion. As of October 17, 2017, the reporting person's Series A Convertible Preferred Stock was convertible into 51,457,126 shares of common stock.



The preferred stock converts to a percentage of the total OS, so they would convert to proportionally fewer shares if an R/S happened. News of cancelling the R/S would provide much more value to the SP than an R/S.
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