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Friday, 02/12/2016 8:51:50 PM

Friday, February 12, 2016 8:51:50 PM

Post# of 61808
56bb shares with a PPS of .0014! Let's do some math! With the current PPS at .0006 we can double that to 100bb shares to be converted! Can anyone tell me how many shares can convert with a PPS at .0001? Anyone? Anyone?

As of February 11, 2016, there were 61,014 shares of Series A Convertible Preferred Stock outstanding and 56,890,444,669 shares of common stock issuable upon full exercise of the Company’s 73,596,953 Series A Warrants. The shares issuable upon exercise of the Series A Warrants are calculated (1) using a Black Scholes Value of $1.0822 per share and a closing stock price of?$0.0014 per share and (2) assuming the Company delivers only common stock upon exercise of the Series A Warrants and not cash payments as permitted under the terms of the Series A Warrants.

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