InvestorsHub Logo

benosufan

03/03/15 10:09 AM

#19328 RE: Level2Me #19327

Do a little research on this stock...dilution happening just like before the last reverse split. The culprit is the preferred B shares. Each B share converts to $5 worth of common stock. So as long as the B shares keep getting released/converted there will be dilution.

Also remember the A/S here is 10 Billion shares. Surber essentially erased the derivative liability by increasing the A/S. And the float increased by 27 million shares since end of January (that was based on me checking with TA on Feb 19th)....I will update today when I hear from the TA.

It's not hard to see what's going on...look at VFIN. The question is will there be enough momo to push through the dilution and move GRNE higher. I hope so.

Capital Change=shs decreased by 1 for 200 split. Pay date=04/10/2013

http://www.otcmarkets.com/stock/GRNE/profile