Green Energy Enterprises Inc. (GYOG)

[Infinitygold]

Jeolotto, you are again wrong:

This is why ?

The reason for this change is that the terms of the funding of the balance of our $350,000,000 financing requires us to issue Class B non-voting shares equal to forty percent of the total outstanding common stock to the lender.

The term total "total outstanding common stock" in the above context doesnot mean 1.5 billion. It means total number of shares issued as restricted and non-restricted (floating) at any given time.

So based on that:

Mathematically, Mr. Bradley can increase the O/S to
1,071.4 million and still issue 40% of O/S to the lender!!!

This is how:
40 % of 1,071.4 million is 428.6 million shares.
Now 1,071.4 milllion plus 428.6 million is equal to 1,500 million shares which is the current A/S.