I smell a bunch of bs on that other board. Not co

I smell a bunch of bs on that other board. Not cool to throw that up..just to clear part of that up:

"The rate of conversion will be adjusted for any dilutive or anti-dilutive stock split."

That states very simply......that the conversion will adjust for any forward or reverse stock split.....as such.....that is always how it is done.

for example:

If a conversion price is set at $1.00, and there is a forward split of 2 shares for one, the new conversion is set at $.50. Vice versa.

So when I read this:

Quote:

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Here's the one concern. Insiders just converted most or all of their common shares to preferred shares. If there is a reverse split of some type common shares get reverse split, BUT preferred shares don't get reverse split they stay the same at the same ratio

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......that is simply incorrect, and anyone suggesting such is incorrect in doing so. What was also included in that statement was this:

Quote:

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There's a rumor that was going around a few months ago that Tigress wanted a much higher stock price for the private placement and were looking into doing a 1 for 20 reverse split. Just a rumor I heard but todays conversions to pref shares makes me wary.

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.....??????????????....really? Did anyone ever here of that prior to today.....didn't think so. Notice when people show up..and what they say...it is normally a tell. Further..........there was a pre14 filed..........did you notice anything about a consolidation there...didn't think so. But look again:

TO OUR STOCKHOLDERS:



NOTICE IS HEREBY GIVEN that a special meeting of stockholders of Cirque Energy, Inc., a Florida corporation, will be held at __:00 a.m., local time, on ______, ________ ___, 2014, at our headquarters located at 645 Griswold, Penobscot Building, Suite 3274, Detroit, MI 48226, for the following purposes:


1. To ratify the amendment to our Articles of Incorporation whereby we changed the name of our company from Green Energy Renewable Solutions, Inc. to Cirque Energy, Inc.;


2. To ratify the amendment to our Articles of Incorporation whereby we amended our Articles of Incorporation to provide for 300,000,000 authorized shares of common stock, par value $0.001 per share, and 20,000,000 shares of “blank check” preferred stock, par value $0.001 per share; and


3. To approve an amendment to our Articles of Incorporation increasing the number of authorized shares of common stock, par value $0.001 per share, to 600,000,000.


...............this kind of loose ambition from people upsets me....maybe it's not the case here....but a very sloppy understanding to say the least.