Puration Inc (PURA)

[hetamue]

I don't mind explaining. Look at their securities which are filed with the SEC under their 3rd quarter report.

Trading Symbol: KGKG
Exact title and class of securities outstanding: Common Shares
CUSIP: 50050L 107
Par Value: $.00001
Common Shares Authorized: 1,000,000,000 (as of 09/30/2018)
Common Shares Issued: 496,965,449 (as of 09/30/2018)
Common Shares Outstanding: 496,965,449 (as of 09/30/2018)
Float: 370,170,851 (as of 09/30/2018)
Holders Qualified: 85 (as of 09/30/2018)
Trading Symbol: KGKG
Exact title and class of securities outstanding: Preferred A
CUSIP: 50050L 107
Par Value: $.00001
Preferred A Authorized: 5,000,000 (as of 09/30/2018)
Preferred A Outstanding: 4,000,000 (as of 09/30/2018)
Trading Symbol: KGKG
Exact title and class of securities outstanding: Preferred B
CUSIP: 50050L 107
Par Value: $.00001
Preferred B Authorized: 1,200,000 (as of 09/30/2018)
Preferred B Outstanding: 1,138,000 (as of 09/30/2018)
Trading Symbol: KGKG
Exact title and class of securities outstanding: Preferred C
CUSIP: 50050L 107
Par Value: $.00001
Preferred C Authorized: 3,300,000 (as of 09/30/2018)
Preferred C Outstanding: 316,000 (as of 09/30/2018)
Trading Symbol: KGKG
Exact title and class of securities outstanding: Preferred D
CUSIP: 50050L 107
Par Value: $.00001
Preferred D Authorized: 500,000 (as of 09/30/2018)
Preferred D Outstanding: 500,000 (as of 09/30/2018)

Now look at the same report and you'll find this.

4. Stock
Preferred Stock
Preferred Series A Stock shall be convertible to share of the Corporation’s common stock at a 1 to 1 ratio.
Preferred Series B Stock shall be convertible to share of the Corporation’s common stock at a 1 to 1 ratio.
Preferred Series C Stock shall be convertible to 1,000 shares of common stock.
Preferred Series D Stock shall be convertible to 1,000 shares of common stock and shall have the right to
one vote per each share of Series D Preferred Stock that they hold.

If you do the math, it equals around ~1.3B shares. You also have to consider KGKG just dropped another 100M shares in the last week.