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Re: joenatural post# 76

Monday, 11/12/2012 12:52:43 PM

Monday, November 12, 2012 12:52:43 PM

Post# of 129
Joe, you need to re-read those filings again bud. They are NOT in at $4.40, that's the unit price of the convertible Series A shares. They are convertible into common stock at the value of $4.40.

Example: If the closing bid price is $0.75 at time of conversion, they receive 5.86 common shares for each 1 share of Series A.

$4.40/$0.75 = 5.86

Share Purchase Agreement

http://www.sec.gov/Archives/edgar/data/1467746/000121390010001707/f8k42810ex10i_ecobuild.htm

Designation of Series A

http://www.sec.gov/Archives/edgar/data/1467746/000121390010001707/f8k42810ex4i_ecobuild.htm

According to their latest 10Q, they have 1,995,475 Series A Preferred left.

http://www.sec.gov/Archives/edgar/data/1467746/000114420412045403/v319116_10q.htm


You are welcome to contact the company and ask them if my analysis of their filings is correct or not.
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