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KickolasNage

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KickolasNage

Re: justicewillbesoon post# 135

Wednesday, 03/21/2018 11:13:27 AM

Wednesday, March 21, 2018 11:13:27 AM

Post# of 6938
DLTZ issued $4 million worth of Series A Secured Convertible Preferred Stock to American Green, convertible to 160,000,000 shares of Delta Common Stock.

Current share structure is 34 million shares...

160/(34 + 160) = about 80%

Not that hard to figure out.

Delta diluted their stock 160 million shares and gave it to American Green to pay off $4 million. American Green didn't buy anything. Now American Green is shitting on $4 million worth of shares, what do you think they are doing to do with it?

(Keep in mind none of this has happened yet.)
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