VERY INTERESTING! We are so fortunate that you came along and reminded us of this conversion. Now we see how this is going to play out.
Most deals of this sort tend to put a limit on how soon preferred shares can be converted to commons and DUMPED into the market. Oddly enough, the debt conversion to preferred shares happened ALMOST ONE YEAR AGO.
1 year just happens to be (likely) the most common time frame for these limitations.
SO, this new 1:2500 will bring a smaller float into the picture for easier manipulation of the share price.
Bet on the likelihood of a promo and a NEW DIRECTION for this POS, AGAIN. Remember SOLGEN? LMAO
Get ready for a new name and ticker!
Look for these things to start rolling soon so come August they can run a bogus PR campaign for the conversion of the preferred shares to common.
REMEMBER FOLKS! The OUTSTANDING COMMON SHARES get the split while the AUTHORIZED ALMOST ALWAYS REMAINS UNTOUCHED. This gives the KNOWN SCAMMERS plenty of shares for conversions and dumping.
You WILL HEAR the promoters shouting SMALL/TINY FLOAT from the rooftops with massive PA systems. The recent action was probably some front loading. Promoters and insiders are armed to the teeth with shares and the stories of how great the company is and will be are written and ready for the press releases.
Get you DD caps on along with boots, respirators and gloves because the BS is coming hot and heavy.
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