GEMXX Corp (GEMZ)

[motleytool]

Read the preferred share conversion structure in the last filing. This is nothing but a never ending dillution scam in the early stages. Only 2 preferred shares are issued at the moment. They can issue up to 25 million. This is the conversion to common shares language from the last filing:

Conversion Right: Each holder of Preferred Stock may, from time to time, convert any or all of such holder's shares
of Preferred Stock into fully paid and non-assessable shares of Common Stock, for each Preferred Stock, in an
amount equal to one times the sum of (i) the total number of shares of Common Stock which are issued and
outstanding at the time of conversion plus (ii) the total number of shares of any other series of Preferred Stock which
are issued and outstanding at the time of conversion.