Eco Building Products Inc. (fka ECOB)

[Long-vestor]

Fully diluted: 160,736,739,840 (160.7 BILLION!!)

The Company had approximately 8,036,836,992 and 8,622,011,614 potentially dilutive shares at June 30, 2015

That amount would have been based on, 06/30/2015 PPS: 0.002 cent, market close.

- 40 % (convertible discount) = .0012 x 8,036,836,992 = $9,644,204.39 (total convertible debt included in June 30 annual disclosure)

$9,644,204.39/.00006 = 160,736,739,840 (Debt conversion based on lowest average within past 25 days of .0001, current)

I.E. as of now the fully diluted, which they just happened to try and hide by not stating it, as is normal in a separate paragraph up dated to time of filing, is!! 160,736,739,840 (160.7 BILLION!!)

Back tested: .00006 x 160,736,739,840 = $9,644,204.39

Additionally this also means that all convertible notes, and preferred are in default and due penalty interests of 18% Plus, Plus, Plus.

This is an approximation as some of the C was dumped yet increased higher at the same time and does not include other convertible debt, past due, unppaid taxes etc. etc. etc.

ECOB is a prime model description of: Toxic Death Spiral