Buildablock Corp (BABL)

[sam1933]

a/o Date 5/31/2023 Common: 165.5M
Series A Preferred: 26 -convertible at one (1) into ten million=260M
Series B Preferred 2 -convertible into 2% of outstanding common shares at the date of conversion=~10M
Convertible Notes $100K- convertible at the lesser of (a) the average price at which the Issuer sells its common stock during the sixty (60) days prior to the conversion or (b) the par value of the Issuer’s common stock =?
TOTAL approx. ~ 435M+
---------------------------------
based on information from a reliable source:
NFTM aiming for listing 100m shares valued at $2.10 each


It is reasonable to think that RM will happen following 1 for 5 split to decrease existing convertibles+O/S from 435M+ to-87M(54M restricted 33M Unrestricted)

BABL=NFTM/5 = $2.10/5 = $.42 JMHO

Having this in mind, expected that NFTM shares could be valued at $2 each, but realistically you'll(BABLers) be getting $0.4 roughly for each BABL Share... (imho)