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spudsuds

03/16/16 12:10 PM

#75110 RE: cowboyinvestor69 #75108

Wrong again... Those shares were converted to preferred. The certs are retired when converted to preferred and reissued after converted back to common. As for the cancelled share the if they indeed were canceled thats a far cry from the 700 million Bill claimed or the 1.8 Billion he touted. But I have seen no filing as to those shares being canceled so have they? Wouldn't that require an 8k? Also the TA would have to be notified and the A/S would be decreased.

WRONG AGAIN READ OVER! Fiscal year 2016:
During the three months ended January 31, 2016, 692,943,784 shares of common stock were retired and converted to 694 shares of convertible preferred stock. In
addition, 200,000,000 shares were retired and cancelled.

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Peggy

03/16/16 12:32 PM

#75124 RE: cowboyinvestor69 #75108

That ain't a buyback.