Replies to post #3713 on Renewable Innovations Inc (REII)

[ZetaReticuli]

NEVER said they were SELLING 200 million shares...said they didn't have to sell a SINGLE SHARE but that the shares were considered outstanding and would be part of the OS. Find one post that said they were selling 200 million shares...I'll wait.

The only difference is that they won't be reflected in the OS on OTCM as restricted shares but the premise is 100% the same....as the filings state they are considered part of the FULLY DILUTED CAPITALIZATION.

As a result of the Merger, we issued to the shareholders of Renewable Innovations an aggregate of 2,155,684 shares of our Series A Convertible Preferred Stock, par value $0.0001 per share, each share of which is convertible into 100 shares of our Common Stock, which represents a 93% ownership interest based on our fully-diluted capitalization immediately following the Merger.

[ZetaReticuli]

Where are the 36 million shares coming from?

[ZetaReticuli]

Wrong. Increase in the OS since the merger is 157,500:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171166294