Replies to post #3944 on Renewable Innovations Inc (REII)

[ZetaReticuli]

6 million OS is only what's in the-market which is only 7% of shares.

Doesn't matter that they weren't converted because they don't have to convert or sell their shares to be 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.