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Re: MOMO post# 113757

Wednesday, 05/13/2015 8:19:10 PM

Wednesday, May 13, 2015 8:19:10 PM

Post# of 183372
SIGNIFICANCE OF TODAY'S 8-K, $PVSP: READ AND READ

I've been asked to review the 8-K and to comment on the significance of the fixed conversion at 0,002 and what it means. Kindly note the following:

1. Whenever a lender agrees to a fixed conversion vs a variable conversion at a considerable discount to market with the standard look back period of 10-15 days, it shows confidence on the part of lender that he/she will make big $$ even with a 0,002 conversion. 144 lenders have to execute a non-disclosure agreement (NDA) in order to receive a private placement memorandum that outlines an issuer's "game plan" short and mid term. Weaker the plan, greater the discount % to market and longer the look back period prior to conversion. This is how risks are hedged in OTCland;

2. Contrary to some opinions, 0,002 is not the floor but a fixed conversion price. If we were to adjust this figure to the prevailing lending practice in this OTC/piggy tier, we do the following calculation:

Avg discount for issuers in this tier: 50% to market
Fixed conversion price: 0,002 per share

Then we take 0,002 and divide by .5 which yields 0,004 per share. This simply means that the lender is supporting a fixed conversion with the belief that the true valuation of $PVSP 6 months from today is at least 0,004 per share and that a conversion of 0,002 would yield at least a gain of 100% (0,004) but potentially +500% based on the business plan they've received/reviewed prior to entering the reported convertible note agreement.

A simple conclusion and question then arises:

If a lender giving $150K saw 0,004 as a basis and locked himself in at 0,002...is 0,0014 a good buy in entry?

You decide.



formerly Ms. BB