Replies to post #22986 on GEX Management Inc (GXXM)

[Investorr]

You assume wrong. That is not free trading stock. It’s stock going to a entity that will own a percentage of the new company and it is locked up.

[letzgetrich]

What the new CEO needs to do if he cares, it call up the note holder, pay the penalty, and stop the conversion.

Or, he can let both notes come out, and we are going to see a continued slide.

Since the $53,500 was done on February 8, 2021, the note holder has to wait 6 months (August 8th) to start converting to free trading stock, which he will sell in the open market for a huge percentage gain.

If you'll notice, that's when our advance stopped.