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Re: 1337trades post# 20475

Sunday, 12/21/2014 6:59:07 AM

Sunday, December 21, 2014 6:59:07 AM

Post# of 84387
When all the debt is gone? You mean like the $180,000 for 50,000,000 shares we saw recently? How many shares will it take to pay off the rest of the $3 million at 60% market value plus interest and premiums?

That's at least $4.3 million in shares needed to satisfy all that toxic debt, but we also saw from the 10Q how some of the debt is being paid off with more than twice the market value in shares. Weird, huh?

At the rate we're going, the debt won't be paid off without an AS increase to 10 billion and that STILL wouldn't satisfy the requirement Schadel put out to have 5x share reserve (which we all know was just a ploy to dilute)

What do you suppose the pps will be at 5 billion OS?