Replies to post #7612 on Metapower International Inc. (MTPR)

[lbdave]

They cant even afford to make payroll according to the financials and are getting close to maxing out the AS. I guess they could always issue more preferred. What is the conversion ratio on those?

They have actually reduced the issued and outstanding, so why would they increase the A/S or issue preferreds? Once again there is no conversion rate since there are no preferreds issued.

2. Series A Preferred Stock
CUSIP: NA
Trading Symbol: NA
Par Value: $.00001
Total shares authorized: 15, 000 as of 123112
Total shares outstanding: -0- as of 123112

3. Series B Preferred Stock
CUSIP: NA
Par Value: $.00001
Total shares authorized: 300,000 as of 123112
Total shares outstanding: -0- as of 123112

[lakers17]

Maxing out the A/S? LOL They retired 70 million shares in the last year. From 160 million to 90 million O/S. LOL Restrictives have remained the same 2011 and 2102.

http://www.otcmarkets.com/financialReportViewer?symbol=MTPR&id=102791

And basically the same year ended in 2010.

http://www.otcmarkets.com/financialReportViewer?symbol=MTPR&id=79798

And it's all audited not like the scammy pinks out there. I'll take the risk on a stock with only 90 million outstanding that are tradeable, 16 million in revenue and growing and $500,000 in profit. And only around .002 to .003. Well worth the risk! I love my free shares and will buy on dips! I have already made a nice amount in this one.