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Re: DragonBear post# 98012

Wednesday, 06/29/2011 12:21:09 PM

Wednesday, June 29, 2011 12:21:09 PM

Post# of 103302
again not a stock expert but if 700mil were given to them it would not be a NEW ISSUE....but I know you know that. I think the conversions could be set up with future common stock values in mind....example a 1 for 1000 r/s would create a 3 mil authorized or 8mil if based on the 8bil shares in the previous scenario...if they are well on their way to implementing their business plan that could be a lucrative pps to convert to....but as you can clearly see and this is what my entire conversation has surrounded the # of shares right now with this company both existing and planned (Susanville) would to me NOT be in the benefit of the common shareholder at all....that's my opinion
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