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Re: doogdilinger post# 199846

Tuesday, 07/22/2014 3:24:19 PM

Tuesday, July 22, 2014 3:24:19 PM

Post# of 241009

Based upon the reported closing trading price of the Company’s common stock on May 9, 2014 of $0.0013 per share, if all $3,665,662 worth of liabilities were satisfied pursuant to the Stipulation through the issuance of common stock, the Company would issue an aggregate of 2,819,740,000 shares. However, under the provisions of the Claim Purchase Agreement between ASC and individual creditors, creditors may withdraw from the process if certain conditions of performance are not satisfied, thus reducing ASC’s settlement amount due.



Just for grins, at today's value of .0003 that would be 12,218,873,334 Shares :) Yes, that's 12 Billion.

Dr H

“The truth is incontrovertible, malice may attack it, ignorance may deride it, but in the end; there it is.”