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Harry Winston

05/18/19 1:58 PM

#48875 RE: jobynimble #48874

Yagi would never convert all at once because then they would have to adhere to filing as an affiliate/insider which would restrict their selling so they only convert 4.99 percent at a time to avoid that


Let's assume for one quick moment that everything you said in that statement is true. YAGI has a limited amount of convertible bonds, so the company has a limited risk of dilution.

The risk to the Greenshift Corporation caused by YAGI is even further limited by a conversion of 5% at a time. You didn't specify what this 5% related to, by the way. Is it 5% of YAGI's total number of convertible bonds? Remember, they have a limited supply of them, so there's a limited risk of dilution if and when YAGI decides to convert them, all of which means that if the price goes higher and higher, Kevin has a smaller and smaller excuse for not being current with the SEC filings.