Replies to post #17510 on ZNext Mining Corporation, Inc (ZNXT)

[mikesharen]

You have to remove 4 zeros to convert to common at the current rate, but it was an attempt to mislead us to think that there were 30 trillion common outstanding and that there was a reverse split.

[invenstor]

It seems to me that the original poster was referring to common shares, not preferred shares. I don't know of anyone trading in the preferreds.

LOL haven't you read PAIM's own info sheets at Pink Sheets News Service?

In their own words, outstanding preferreds 30,044,316,000,000 and 22,827,651,000,000 of those are in the public float.

https://www.otcstockinfo.com/repository/651759/651759_FR24.pdf

Those are TRILLIONS bubba.

Know the meaning of "fully diluted"?

[makesumgravy]

The preferred shares cannot be traded under the Paim symbol and when you look at the coversion 10000/1 its not that big of deal. What would the count be if you look at in this light?. 3bn. Are we to understand that we had 27bn shares held before the buyback?. Same for the debentures.

[Australia]

"In their own words, outstanding preferreds 30,044,316,000,000 and 22,827,651,000,000 of those are in the public float."

Jim is right BUT that was before the debenture. Now, it is a very different story. It is only 10% Float which approximately 3 billion.

[playstk]

Heh heh..... Pearlie was just joking, huh?

[Tool_power]

Jim, Pink Sheets is not always accurate. I recently did some DD on MGEN and Pink Sheets reports a 1.4 million OS while a friend of mine called the CEO on Friday and found out that the actual numbers are:

FLOAT 104,958,713

OS 141,518,127

AS 2,500,000,000

Just because it's printed on some website doesn't mean it's the absolute truth or the most up to date information.

Have a good day.
Tool