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Re: A deleted message

Friday, 06/03/2016 11:30:44 AM

Friday, June 03, 2016 11:30:44 AM

Post# of 58279
The DD sticky above from powerbattles is the latest published SS:

O/S 306,756,732 as of March 14, 2016.
Restricted award to Jan 3,000,000
Jan all the form 4. 11,665,582
EIG Capital, Ltd. 85,679,118
Total share Retricted stock 100,344,700
FLOAT 206,412,032 MILLION as of March 14, 2016.
1.5 Billion shares authorized

I expect that the actual O/S is ~320 to 340MM shares to include the last tranche of debt conversion shares to JMJ the week following that 3/14/16 published date in the filing.

Jan Telander (CEO), brother Ulf and nephew Frederic hold shares of their own plus additional shares through EIG Capital. EIG recently added a $667K investment for preferred shares, and the three of them entered into a subscription agreement for additional preferred shares for $300K.

There's no debt for dilution, so no change in the O/S after the debt was cleared in March.

Jan is trying to get the website updated so he can begin publishing the O/S monthly to give better transparency.

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