You're correct. I didn't go back to 2016 10-q about the 2.7m in debt. But the share value that they're getting is after the increase from 25m to 1.15b. So wouldn't value drop 46 times from .06? And I don't think they'll sell 1/3 to pay off. I think they'll absorb the issued 200k debt shares or the 5.45m. Would not as per the 8k fall on fepi to handle the pay off? To me that sounds like a privately handle transaction weather it's 200k that's shown ready to convert or those plus 2.7m. Now I could be totally wrong in my assumptions, like I said, amature here, so I very much appreciate the correction about debt, however fepi pays off the 2.7m it never states has to be shares. But obviously a disclosure. I do think they will be an asset so that's why I'm not planning to sell, and I'm sure kalo will look good to them as well. Maybe they'll get Ghana. However after the split and increase, the common shares of 14,589,246 includes the common shares of the insiders correct? Only thing left is the preferred that doesn't change and 645,324,772 from page 11 on def14c. Which is the paperwork I got today postmarked for august 29,2017 from pacific stock transfer. Weird there. So aren't there going to be roughly 59% of shares available? And it's not like so many have been purchased from may til now to make a different. So the only reason I'm going to hold is kalo asset to fepi and fepi asset to kalo. I would love to know how kassett reacted when he saw it was no longer 550m and instead 1.15b and valuation of shares would've been halved
