Sunday, October 22, 2017 2:02:57 AM
First let's discount the .20 common by 20% (- .04) = .16
Now divide $5.00 by .16 = 31.25 shares
Now multiply 31.25 shares by 2,800,000 Series E shares = 87,500,000 common...
*************
Should the stock at the one year conversion be trading at .10 then the 2,800,000 Series E shares would convert to 175.000.000 common...assuming full subscription...
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM