Green Energy Management (fka GRMS)

[HokieHead]

Pretty plain and simple imo..

If SS decides to exercise the Note (poison pill to keep voting control of CWDW imo) they will have to increase the authorized shares from 100 million to maybe 300 million or they could do a reverse split to allow the note to fit in the current authorized share count.

Imo, I do not see either happening. If SS would decide to exercise the note, the stock would drop to .00001 and he would really do nothing but hurt the shell and get nothing of $$ value for the note. I do not think he needs to money. He hasn't done so yet or did anything with the NOL, though that still may have some value.

Again, I think it was done to give him 50%+ voting control if need be imo..