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Re: #1 PATRIOTS_RSOX FAN post# 115809

Thursday, 08/29/2013 10:02:20 PM

Thursday, August 29, 2013 10:02:20 PM

Post# of 118202
According to the last 10K there were 2,228,997,664 outstanding shares. In June Rob issued himself preferred shares that were convertible to 3,000,000,000 shares. The authorized share limit is 3,000,000,000. With the share limit @ 3 billion the preferred shares cannot be voted until the share limit is increased. At most he can only vote 771,002,336 without exceeding the share limit. The O/S is probably more than that stated in the 10K. The preferred shares are worthless when it comes to voting rights, but then again their almost worthless @ face value as well. \V/_

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