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Re: byrdiesoccer post# 52885

Wednesday, 05/25/2016 7:30:21 AM

Wednesday, May 25, 2016 7:30:21 AM

Post# of 58021
That are 25,179,248,000 notes and convertible securities. They can be converted in 25,179,248,000 AT $.0001
when the stock will be at $.0010 that will be 2,517,924,800 shares. The higher the stock price the lower amount of shares that they can be converted for.

If the stock would be at $.0050 that would 'only' be 503,584,960 shares being added 2 the current numb. outstanding shares.

"The Company currently has outstanding notes and securities convertible into or exchangeable for an aggregate of 22,979,115,217 shares of common stock under certain conditions. If these securities are converted into or exchanged for common stock, their issuance would have a substantial dilutive effect on the percentage ownership of our current stockholders. These securities consist of: options to purchase 1,650 shares of our common stock at an average purchase price of $0.34 per share, warrants to purchase 88,014 shares at a purchase price of 55% of the current market price, 25,179,248,000 shares of common stock pursuant to the conversion terms of $1,258,962 in outstanding convertible promissory notes and the conversion of Class A and B Preferred stock into 261,067 shares of common stock."

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