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Monday, December 11, 2017 9:48:51 PM
At 55% discount our new conversion rate is now .001215 starting on next conversion batch.
It’s essential that the low of .00027 holds for the remaining debt to stop this death spiral.
Divide the remaining debt after today by .001215 and you get the number of shares the market needs to absorb as long as .0027 low holds.
I was keeping track of remaining debt conversions but it seems I am not catching all of it by only monitoring the t-trades, cross trades and 6 digit trades.
So my debt balance is too high which is a good thing. I was at 66k left prior to today. Hopefully we are alot closer.
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