Replies to post #14808 on GeneSYS ID Inc fka GNID

[DCorleone]

Well I guess if facts can't be given to back RXSF, Come up with fiction and Baffle them with bull****,
No response to the RXSF PREFERREDS AGAIN???
19.1 Million Dollar value at today's RXSF PPS. FOR WHAT AND WHY??

HENDERSON, NV--(Marketwired - Feb 8, 2016) - Rx Safes, Inc. (OTCQB: RXSF), a healthcare technology company and developer of autonomous fingerprint healthcare security products, today announced that the holders of its Series B Convertible Preferred shares have converted preferred shares into a total of 10,000,000 common shares. In connection with this conversion, all holders have executed 12 month lock-up agreements. Following the conversion, the total shares outstanding is now 11,510,252.

Rx Safes Board of Directors negotiated with the series B preferred holders to strategically convert a portion of their preferred shares into common stock, with the condition that those common shares would carry a one year restriction and cannot be sold or traded in the public markets. All of the series B preferred holders are insiders or affiliates and continue to show their long-term support for the Company by agreeing to the lock-up provisions, effectively doubling all regulatory sales restrictions on such shares.