InvestorsHub Logo
Followers 398
Posts 28517
Boards Moderated 3
Alias Born 03/03/2004

Re: confuciussay post# 57461

Sunday, 11/23/2014 1:09:46 PM

Sunday, November 23, 2014 1:09:46 PM

Post# of 70040
confuciussay, follow this simple equation;

$30,000 @ 15% discount to .0002 (.00017) is 176,470,588 shares of FPFI stock which is too many for him or anyone to hold at one time. Anyway, if they could convert that many shares for only $30,000; those 176,470,588 shares could be sold to buyers at .0003 for $52,941 or $22,941 profit at even an only 15% discount to market.

The equation above shows why there is nowhere near enough unissued shares to come anywhere close to converting $1.25 million or handle all of the other Convertible Notes outstanding for FPFI. Hope this helps.

Good luck.

Every share you own came from somebody else who thought it was a better idea to sell it.


Thanks Paulie!

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.