Tuesday, July 05, 2016 8:47:50 AM
- That's right they issued a strike price of .125 . It will take 31m shares at .04 to convert this. They also have about another 600k of additional notes that are currently still being converted. No idea where that stands as they are no longer reporting. I suspect they will be tapping into that 500m AS increase very soon.
The facts are the facts. There is a huge note looming and its convertible as 6/30. When the note holder decides to start is their choice.
I have no agenda here but to be informative about this company since they choose not to be.
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