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Re: Prinz18 post# 1327

Thursday, 08/14/2014 2:54:50 PM

Thursday, August 14, 2014 2:54:50 PM

Post# of 13308
According to their latest filing they had $ 494K (incl. interest) of floorless CVs outstanding. Assuming this amount could be converted at an average discount of 60 % to the latest share price of $.012, this translates into more than a billion shares!!!

However, we don't know the amount that has been converted already. We also don't know the amount of face value, the company might have bought back....