Replies to post #47781 on New Generation Consumer Group Inc (NGCG)

[RookieStockPicker]

Sense a real dislike for Kim on Ruppert part.

[I-Glow]

That is only the A-2 Preferred Shares - as is generally the case for Preferred Shares. They generally have a non-dilutive clause.

Kim's common shares would be subject to a reverse split.

IG

[I-Glow]

You also omitted the fact that the A-2 Preferred Shares aren't convertible into common shares - I guess you missed that.

IG