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Re: $b_rich$ post# 4300

Monday, 09/24/2012 3:18:55 PM

Monday, September 24, 2012 3:18:55 PM

Post# of 20128
Do the math! WSRA sold 8M shares for $50K. But those buyers had better plan on holding those converted 120,000,000 shares until Marc gets around to filing an amendment increasing the A/S.

40,000,000 Series E converted at 15-1 comes to 600,000,000 shares. Now where are those shares going to come from? That will put GDSM's A/s over 1 BILLION shares!

Then there are the remaining 60,000,000 in GDSM's treasury. Add the conversions for those!

And Marc said NO DILUTION!