Replies to post #356645 on Green Energy Enterprises Inc. (GYOG)

[Porgie Tirebiter]

Mr. Manti's math is spot on.

9.5 billion * .0001 * 7 = $665 million.

The full dilutive effect of the preferred As is something often overlooked by those who see opportunity in QASP.

[Manti]

I read the facts posted with the CO secretary of state. The preferred A shares convert into 6 times the number of the outstanding common shares AT ALL TIMES, so to get the fully dilutive effect of the pref A's you have to multiply the OS by 7, and that applies even if the AS is maxed out, otherwise the articles would be in violation of themselves.

And speaking of math, there is nothing that says the preferred shares must be converted all at once. If one were to convert them one at a time, they would literally convert into hundreds of trillions of common shares....