Bitzio, Inc. (fka BTZO)

[Dutch1]

As I've said before on this board, it's possible for Greenshift to use 2017 revenues, which still haven't been reported to the SEC in the form of 10-Qs or the 2017 10-K, to buy enough of its' own stock from Bitzio to give itself legal control over its' own ability to make deals with Attis or anyyone else.

Yes, it's possible, but IMO the following sentence indicated KK doesn't need anyone's approval anyway. He already had the Majority of shares. He even can authorize additional shares and give himself more. So why would he need to buy his own stock if he can do whatever he likes?

If all the Series G shares held by Bitzio were converted and exceeded the number of authorized common shares, there would be no contingent factors or events that a third party could bring up that would prevent Mr. Kreisler from causing the Company to authorize the additional shares. There would be no need to go to anyone outside the Company for approval since Mr. Kreisler, through FCC, controls the Company's majority shareholder."

It wans't Greenshift who did own 20% of its own stock. But 20% is the voting power owned by commonshare holders. All other stock was owned by KK through FCC and BTZO as a preferred shareholder, which gave him 80% of the voting power for BTZO and 64% for GERS. 16% of the voting power of GERS was hold in the past by BTZO common shareholders, and 20% of the voting power of BTZO was owned by BTZO shareholders.

With the 64% voting power over GERS, and 80% voting power over BTZO, KK wouldn't need to buy any additional shares to decide what to do.

It doesn't necessary mean, he did it that way, but it doesn't mean he did anything else also.

The only thing we know for sure is that Attis bought a majority share of GERS through FCC, by buying 80% of FCC.