Thursday, December 07, 2017 2:33:10 PM
loan amount $3000000.00
3000 units value $1000.00 .60
warrant 250 shares @ .80
booker warrant for total amount of shares issued under deal 6% of total numbers of possible converted shares... so
1.3000 units for $ 1000.00 @ .60 = 1667 shares for a total of 5001000 shares
2.warrant for 250 shares/unit =
750000 shares
if converted unit gives 5001000 shares
units + warrant 5751000 shares
booker warrant 6% of converted shares only on units only
6% of 5001000 = 300060 shares for a total of 5301060 shares
shares converted units plus warrants 6% of 5751000 = 345060 for a total 6096000 shares so breaking the deal we have four escenarios
1.units only 5001000 shares
2.units with warrant 5751000 shares
3.booker warrant on units 5301060 shares
4.units & warrant 6% booker 6096060 shares
did i mess up or am i close to deciphering the deal???
Bantec Reports an Over 50 Percent Increase in Sales and Profits in Q1 2024 from Q1 2023 • BANT • Apr 25, 2024 10:00 AM
Cannabix's Breath Logix Alcohol Device Delivers Positive Impact to Private Monitoring Agency in Montana, USA • BLO • Apr 25, 2024 8:52 AM
Kona Gold Beverages, Inc. Announces Name Change to NuVibe, Inc. and Initiation of Ticker Symbol Application Process • KGKG • Apr 25, 2024 8:30 AM
Axis Technologies Group and Carbonis Forge Ahead with New Digital Carbon Credit Technology • AXTG • Apr 24, 2024 3:00 AM
North Bay Resources Announces Successful Equipment Test at Bishop Gold Mill, Inyo County, California • NBRI • Apr 23, 2024 9:41 AM
Epazz, Inc.: CryObo, Inc. solar Bitcoin operations will issue tokens • EPAZ • Apr 23, 2024 9:20 AM