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junkmanlong1

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junkmanlong1

Re: yaboy520 post# 1105

Thursday, 10/27/2016 9:30:58 AM

Thursday, October 27, 2016 9:30:58 AM

Post# of 1571
The 53% equity kept by shareholders.

The current outstanding shares is around 87 million.

They will give around 77 million shares to the note holders in exchange for the reduction in debt.

Final outstanding shares will be 165.7 million shares.

So the current shareholders will own 53% of the total shares.

JML
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