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Re: PLAYER ONE post# 353

Saturday, 08/25/2012 4:31:25 PM

Saturday, August 25, 2012 4:31:25 PM

Post# of 936
Last I heard, they had converted @ 2,000,000 shares to common. I doubt they are callable and I don't know specific details of when the shares must/will be converted. But you can understand how problematic if would be if they were all coverted at once.

As for a 'strike price,' I would only assume the value would be that of whatever GTGP is trading at time of converstion.

As for filings, etc., that is the beauty (term used lightly) of a company being on the grays, they don't have to report anything to anybody.

So until that changes, which I believe it will (when, no idea) at some time in the future. In the meantime, they have so much in their pipeline it is mind boggling as to what their PPS is or will be worth in the future.

Good luck next week with GTGP PLAYER1! You hopefully understand why......

SLUPPY