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Re: HighPeaks post# 1218

Thursday, 02/16/2017 3:02:45 PM

Thursday, February 16, 2017 3:02:45 PM

Post# of 138019
As of September 8, 2016, 126,251,696 shares of common stock were outstanding.

https://www.sec.gov/Archives/edgar/data/1479000/000126493116000407/vivaq316.htm

Since that date, outstanding shares have increased 113% to 269,000,000.

I Posted this on December 6, 2016. Looks like I was off by just a little:

Between May 3, 2016 and July 31, 2016, the Company issued convertible promissory notes totaling $562,100. The notes bear interest at rates between 0-12% per annum and become due and payable six months from the date of issuance. The Company received proceeds of $527,000, net of original issuance discounts of $35,100 which included prepaid interest and legal expenses. The debt discount was recorded as a reduction (contra-liability) of the convertible debenture and amortized over the life of the convertible debenture. All principal and accrued interest on the Notes is convertible at any time into shares of the Company's common stock at the election of the holder at a conversion price for each share of Common Stock between 50-60% of the lowest reported trading price of the Company’s common stock for the twenty prior trading days including the day upon which the conversion notice is received by the Company or its transfer agent.

As of September 8, 2016, 126,251,696 shares of common stock outstanding.
With 162,000,000 more shares outstanding, it would be an increase of more than 120%.

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