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Re: venomen2002 post# 93289

Tuesday, 04/19/2011 12:45:06 AM

Tuesday, April 19, 2011 12:45:06 AM

Post# of 103340
well veno.....using your figures...that means JD and Glenn turned what they previously held--187,268,400 shares ..into 440,522,167 shares with the flick of the wrist.

Again...USING YOUR NUMBERS:


common shares subtracted from the O/S when glenn and JD converted from common to preferred = 187,268,400.

common shares ADDED to the O/S AFTER JD and Glenn converted preferred back to common = 440,522,167.....
OUCH


I told you months ago that the conversion rate from preferred to common resulted in an increase when compared to the conversion from common to preferred

Pink Sheets...where failing private companies come to die.