First of all, I am not a mathematician, so be a little indulgent.
Let's begin from $S(x) = \sum_{n=0}^{\infty}x^n $
We know that under the usual condition $|x|<1$ this summation is a geometric series that converges to the fraction $\frac{1}{1-x}$. As far I know this rule holds for complex numbers also. A similar formula works for squared matrix, if $|A|<1$ then $I + A + {A}^{2} + ...$ converges to ${(I-A)}^{-1}$ (for example: Understanding the Leontief inverse).
Now let's write Grandi's infinite series ($1 - 1 + 1 - 1 + ...$) as $G := \sum_{n=0}^{\infty}(-1)^n$ and let's take the sum $H = G + Gi$, where $i$ is the imaginary unit. So, $H$ is just a modified Grandi's series and we may begin write it down like $1 + i - 1 - i + 1 + i - 1 - i + ...$ and so on.
Then, in this form, could $H$ be correctly described as $H = \sum_{n=0}^{\infty}i^n $ ?
If so, could we use the geometric series rule and say that, in the limit, using the $S(x)$ form, as $x$ approaches $i$, $H$ tend to converge to $\frac{1}{1-i}=\frac{1}{2}+\frac{1}{2}i$ ?
If all the above is correct, could we use it to show that $G$ converges to $\frac{1}{2}$ ?
Finally, is this mixing up imaginary units and infinite sums a sound reasoning ?
Thanks.
Matteo.
Geometric series $\sum_n z^n$ are perfectly fine for complex numbers. They converge if and only if $|z| < 1$. In your examples $G$ and $H$, $|z| = 1$ so they do not converge.
This is not, however, the end of the matter. You might look up e.g. Abel summation. The Abel summations of $G$ and $H$ are indeed $\frac{1}{2}$ and $\frac{1}{2} + \frac{i}{2}$ respectively.