Replies to post #44305 on Green Energy Enterprises Inc. (GYOG)

[GEO928]

brikk....they get no shares....that's not the way a conversion is done....

I know I'm not your favorite person...so, you won't believe me or think I'm trying to stick it to ya....

but, I am not.....

please ask someone you trust as to how a conversion is executed..... i.e. the "mechanics" of a CD conversion...

the extra shares you talk about are only available if the stock falls below the basis price....stock sold above the basis is pure profit....

please ask someone.....you are incorrect about this....

[SIIX]

why do you keep thinking more shares = more money? Each converted share has a dollar amount attached to it..that dollar amount comes off the loan. If they convert out at .005 they only get enough shares to repay the loan...same if they convert out at 1.00 only what it takes to pay back the money owed. The amount of shares it takes is only a concern to the company and share holders. obviously higher share price means less shares issued to pay off the loan.

[Crystalballz]

brikk you win, Bingo! I think there is alot of smart peaple around QASP