Replies to post #1211 on Generation Zero Group Inc. (fka GNZR)

[RonnieD]

well that would make sense. So the Capersia 1 million shares are related insider. Seven Palms can be contacted, i posted it.

Thinking about the Series B. With the change where no pre-capitalization would be required, it seems to be the possible conduit for financing beyond 175k. None have been issued yet.
I still like that conversion ratio $2.50/30=.083333 per share

The Series B Preferred Stock has a price of $2.50 per share and convert into the Company’s common stock on the basis of one for thirty. The Series B Preferred Stock was mistakenly filed such that the $2.50 price was subject to recapitalizations; however the Company is currently taking steps to amend the designation such that the Series B Preferred will not be subject to recapitalizations and to increase the number of designated shares of Series B Preferred Stock to four million (4,000,000) shares.