Greene Concepts Inc (INKW)

[193638]

(TAKEN OFF STOCKTWITS) The biggest issue with the earnings yesterday that no one is talking about is the award of 20 Preferred B shares to Lenny, Steve, and Bob. Each one of those Preferred B shares can be converted to 100 million shares of common, which means they each own 2 billion shares of common should they convert. That's 6 billion more shares that will get diluted in the future.

What will likely happen here is a massive reverse split, they'll keep the Authorized share count the same, then they will sell the offering that is out there. Two Hands (TWOH) just did the exact same thing. It only benefits those 3 stooges at the top