Replies to post #2698 on KinerjaPay Corp (fka KPAY)

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So, you think that it is funny for KPAY stockholders to know that the 2 preferred stocks owned by the KPAY CEO convert into 25% of the total common shares outstanding, NO MATTER HOW MANY ARE OUTSTANDING?

So if there are 15 billion common shares outstanding, the CEO can convert his preferred stock into 5 billion more common shares

Do you think that this is funny for current KPAY stockholders?

Mostly they are all swings and misses - butt the best one I think is:

If the o/s increases to 15b the ceo gets 5b

LOL. Fun times?

$KPAY