Replies to post #84881 on Ngen Technologies Holdings Corp. (fka NGRP)

[RE-Digger]

That math is more screwed up than a football-bat.

The authorized shares will be 3B. Period. End of story. It says it at least 6 times in that filing. This thing has room to dilute well over a 1000X.

Per your conversation with the CEO, that 35M number pertains to the level that would be likely the new OS if/when they convert the Series X shares. Furthermore, that math (again, it doesn't make any sense, because I calculate the series X conversion to take the O/S up to ~55M shares if it converts today, then goes through RS...) doesn't even account for the warrants they've issued and the convertible debt that will additionally dilute this ticker.

[AC7880]

The CEO is a complete moron to have confused novice investors with conflicting information on what the AS will be.

Complete incompetence to muddy the waters like this. This kind of foolishness and incompetence adds to the already massive distrust in this company.