Diego Pellicer Worldwide Inc. (DPWW)

[BDIY]

Dear CF
It is a pleasure to meet with other shareholders here on the board

40M shares would be fantastic if they remained such, but given the amount of convertible notes (if I am right) still present on the Company's Balance Sheet we must expect the number to grow and much.

Leasing instead of ownership and franchising instead of direct management = strong reduction in the Company's direct turnover at least until the law changes and even then DPWW will have to pay Call Options to tenants.

This is certainly a prudent but less profitable choice that is not able to finance new stores; and then still convertible notes?

In addition, the Directors of the Company have a contract which in the event of dilution still provides for the annual adjustment of the shares owned (with more shares issued by the Company) to the contractually defined percentage of 10% of OS for the CEO and 7.5% of OS for the other two executives; therefore the current and future dilution does not affect the management while it dilutes the investment of ordinary shareholders like us
.
I would have liked to consider my investment in DPWW as a retirement plan BUT this is not possible and not for my speculative will but to defend my money invested here.

I will therefore be forced to sell my shares in the event of a consistent price increase and to buy back after the price falls.

This at least until the Company's Management shows a different attitude towards small shareholders.

I'm sorry for my poor english but I am italian
Ciao
$DPWW