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DJPele

01/02/17 12:28 PM

#51728 RE: dog turd cannon #51723

Again, this document is with regards to PREFERRED Shares.

Conversion of Preferred shares into common stock? Perhaps.

This has nothing to do with anything else.

The only thing that dictates what happens with Common Shares is the Reverse Splits.

1/10 on Authorized
1/100 on Issued and Outstanding

There would be no RS if anything else were going to happen to commons.

Pixel is Reverse Merging using SPCL for:

1.) It's existing investor base

2.) It's exciting share base.

These "1000" shares are what? I don't see what this has to do with Pixelmags 217,000,000 Authorised Shares post merger, or its 18+ million Issued and Outstanding shares post merger that they intend to utilize once public.