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wallstreet1231

09/04/14 12:07 PM

#33385 RE: Sparky kid #33384

I own Preferred E shares - my one year lock was up in March of this year. I have elected to not to convert to commons at this juncture as: 1) Preferred E shares are anti-dilutive and 2) current price is .0001 - can't really go much lower so why convert.

Sorry to hear you are having a difficult time - if you send me a private message with your phone number I would be happy to talk with you regarding steps you can take. Remember, Preferred E shares convert at 1 share of preferred for 100,000 commons.