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Re: Warmy post# 91259

Wednesday, 02/20/2013 2:15:13 AM

Wednesday, February 20, 2013 2:15:13 AM

Post# of 162657
SO.. in other words, the price is floating at the 52-week low and there are still 840 MILLION SHARES THAT WILL BE SOLD? If you read the latest quarterly report, they state that the purpose of increasing the conversion rate to 15 for 1 was specifically for facilitating the preparation for merger/uplisting.

THEREFORE.. those shares WILL BE SOLD prior to or as part of the process of an uplisting or merger.

And before anyone tries to deny this, ask yourself: Who in his or her right mind would knowing hold that many shares when GDSM has to ISSUE 25 MILLION SHARES PER QUARTER (this rate will go up beacuse GDSM has had increasing liabilities every year since inception) JUST TO MAKE THEIR MYSTERIOUS DEBT PAYMENTS. Those 840 million shares are guaranteed to depreciate with time as GDSM stated they will have to issue ADDITIONAL shares to resolve ongoing debt obligations.

In other words.. prepare for massive dilution.