Friday, December 23, 2005 8:25:49 AM
Posted by: TAKI
In reply to: TAKI who wrote msg# 479092 Date:12/23/2005 1:10:21 AM
Post #of 479122
GZFX,Doing some more DD.Man this CD really kills the stock.
September 30th it had 1,2 Billion shares O/S.From Sep.30th to
today it has traded more than 10 Billion shares in Less than 3 months.So did anyone call the TA to find out what the O/S is now?I am watching this stock closely,as maybe I will throw
a bone in it sometime in the future.A/S is 4 Billion.
If the O/S tops the A/S then one of two things may take place
=1)R/S. 2)Increase the A/S to maybe 10 billion.Read CD holders
Bold.
As of September 30, 2005, the Company had 1,205,868,867 shares of common stock issued and outstanding.
GZFX open high low close change volume
12/22/05 0.0135 0.0149 0.0119 0.0131 -0.0003 374,693,783
12/16/05 0.0145 0.0202 0.0117 0.0134 +0.0008 755,574,640
12/09/05 0.0137 0.0137 0.0102 0.0126 -0.0002 766,633,364
12/02/05 0.0245 0.0256 0.0105 0.0128 -0.0090 1802,691,595
11/25/05 0.0148 0.0249 0.0142 0.0218 +0.0077 1571,805,473
11/18/05 0.0103 0.0142 0.0095 0.0141 +0.0046 1277,660,953
11/11/05 0.0079 0.0105 0.0075 0.0095 +0.0022 636,856,805
11/04/05 0.0070 0.0095 0.0066 0.0073 +0.0007 491,432,638
10/28/05 0.0081 0.0089 0.0055 0.0066 -0.0004 808,557,840
10/21/05 0.0052 0.0075 0.0046 0.0070 +0.0021 396,030,983
10/14/05 0.0075 0.0077 0.0005 0.0049 -0.0021 541,204,211
10/07/05 0.0028 0.0085 0.0023 0.0070 +0.0042 1682,000,693
(g) Adjustable Conversion Price Feature of Debentures Could Require the Issuance of Greater Number of Shares.
The Company's obligation to issue shares upon conversion of the convertible debentures to Golden Gate Investors, Inc. (see Liquidity and Capital Resources, below) is essentially limitless. The following is an example of the amount of shares of GameZnFlix common stock that are issuable upon conversion of the convertible debentures (excluding accrued interest), based on market prices 25%, 50% and 75% below the market price as of November 10, 2005 of approximately $0.01:
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