Wednesday, December 17, 2014 5:59:35 PM
Last year before 1:100 R/S
O/S 950M, A/S 950M
Last year after 1:100 R/S
O/S 9.5M, A/S 950M
Now
O/S 1.5B, A/S 3.95B
(2.3B shares reserved for issuance pursuant to various convertible note terms)
Doesn't look good at all. I think the proposed 1:300 R/S will most likely happen. I'd say 99% chance.
O/S 950M, A/S 950M
Last year after 1:100 R/S
O/S 9.5M, A/S 950M
Now
O/S 1.5B, A/S 3.95B
(2.3B shares reserved for issuance pursuant to various convertible note terms)
Doesn't look good at all. I think the proposed 1:300 R/S will most likely happen. I'd say 99% chance.
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