c.c.,
"I think you will be very disappointed when see how the $4 million Series C "gift distribution" "
hate to break it to you but i won't care.
"How would Peter dump shares into the market to obtain the cash to redeem Series C shares? This could not happen as companies are prohibited from directly selling stock on the open market. "
you took me to literally. it was for example purposes only.
"Have you calculated the "equivalent" number of shares that would be issuable given the current share price?
$4 million / $.0001 = 40,000,000,000 (40 Billion)"
yes i did that's why the r/s will happen first...
"Is he planning a reverse split greater than 1 for 2,000? "
probably bigger but i do believe peter will give us something useful & the stock might run to 5 or 6 then the r/s.
then it might only be a 1 for 1,000 or so r/s.
"I'd really like to see it."
by all means google away....