Amfil Technologies Inc (FUNN)

[shajandr]

It just means MORE DILUTION as it simply transfers the FORM of the existing equity wiffOUTT reducing it - and it creates more common stock headroom for The Clownshow to issue more common shares (and hence dilute total equity) butt allows The Clowns to postpone the increase of the common AS.

Chapter 19 in The Pennyscammers Playbook (2nd Ed.).

This is the same if they CONvert common shares into CONvertible debt notes or sell CONvertible notes for cash to buy common (which wood gett The Clownshow and this turd Wells notices and a FINRA inquiry at minimum)..

DAVID RUSSELL FOLEY USBOP Inmate No. 13141-111 did this fake "share reduction" scheme in NTEK in 2013 or 2014. His criminal trial starts on 15 April for his THIRD Federal felony CONviction for securities and wire fraud.

Classic scamology play.