Replies to post #19084 on Coates International Ltd. (fka COTE)

[BRoberts1982]

WOW! They just gave themselves most of the company stock.
I wonder how long they will hold those BILLIONS of shares?


The anti-dilution award of Series B Convertible Preferred Stock to Mr. Coates was determined to be the number of shares of Series B required to restore Mr. Coates' ownership percentage of outstanding common stock on a pro forma basis to 80.1%

Common Stock 900,000,000.0000
Common Stock 900,000,000.0000
Common Stock 897,900,000.000

Dilution at its finest!