Wednesday, September 12, 2018 3:45:46 PM
get away with it ;but the pie in the sky BS positive spin is definitely
part of it . In an attempt to suggest one scenario ,as to how the R/S
and A/S can effect each other ?
The company presently has close to 3 billion A/S and are authorized
to sell /or give up to 6 billion (3 billion additional ) If they
R/S the 3 billion shares at 100 to 1 -that would reduce the A/S to
to 30 million A/S and the other 3 billion application can be dropped
( or sneakally still maintained for future sale ). The company would
then have reduced its' A/S to 30 million and still have the ability
to do what they want with present 3 billion cap. That would BS reduce the
A/S by 50% . The vote prospective #2 would increase their ability to
negotiate or GTFT 200 million shares (presently at 100 million ).
They are limited ,at present ,by requirement, to leave shares available
for these options and warrant calls. If the A/S were brought to 250 million
cap (200 mil + 30 mil+20 mil misc =that would give them the ability to
acquire things with stock options and still paying interest on
negotiated loans and GIFT themselves BONUSES (at higher levels )
to make up for INSIDER shares lost (?? would insiders get their bonus
shares at R/S or acquire at end of their option ?The new shares
could theoretically demand higher PPS (not historically happening with their record) THE COMPANY ,SUBSIDIARY companies etc and PHOT could
be sold at reduced $ ,(only acquire selected assets-that are protected
from common share holders)and screw all others on DEBT.The new shareholders would TOTALLY CONTROL the companies actions 200 mil/250 mil
80% and simple cobattle mmon stock holders would have no legal recourse ,other than long court battle at pennies for dollars (if lucky)
settlement. THIS COMPANY HAS REORGANIZED IN PAST (PHOTOTRON TO GROWLIFE)
AND THEY ALSO PURCHASE GREEN GRO LIMITED ASSETS. IN ANY CASE THIS
PAINTS A BLEAK PICTURE FOR LOYAL LONGS . LONG WAIT IF THINGS DO
GO WELL . CORPORATIONS COMMONLY DO REORGANIZATIONS AT THIS LEVEL
Sorry for the long scenario ;but it is a paranoia worth staying aware of
?
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