Tonner One World Holdings Inc (TONR)

[Voices of Reason]

LuvSumPennies - from the most recent 10Q, the accumulated losses since inception is $6,902,565, not the $1.5 million you are quoting.

From my analysis, the convertible debt is as follows:
Pre-Sept 2013: $646.9k issued at $0.02 - $0.04 (pre-split as well as some issued at a variable market rate). Assuming for the moment the average conversion rate is $0.03, that equates to roughly 21.5 million shares pre-split, or about 29,000 shares post split.

Subsequent convertible debt issued after Sept. 2013 noted in the 10Q (includes pay off of one $32.5k Asher note**, but does not include any debt issued after the 10Q was released): $427k issued at 40%-50% market discount with interest rates ranging from 8% to 14% prior to conversions. Assuming they were to convert today (~$0.20/share and an average conversion rate of 45% discount, but excluding the interst expense), this would translate into roughly 4.99 million shares.

Taking into account the pre and post sept 2013 convertible notes, I am estimating there is a potential liability of about 5 million+ post split shares that could dilute the market. According to this link, there are currently over 1.2 million shares outstanding: http://www.otcmarkets.com/stock/OWOO/company-info (in other words, there is the potential for the outstanding shares to increase 5 fold). This does not include any shares issued for salaries/consultants which is stated by the company to be about $417k annually, nor does it factor in any shares that might have been issued to fund the 5 person contingency to NYC nor other subsequent marketing (ref.: spammers hitting this board) efforts.

Regarding the founder being sued over 7 years ago, you left out the most recent tax suit that is still active and his penchance for avoiding facing the charges (8 times). Let's not also forget that you selectively left out the fact that the fraud charges resulted in a substantial penalty to his company he ran, not just the nominal penalty against Trent personally that you claim was no big deal.

Some may not care that he has been sued 6 times for a variety of charges including Theft, Forgery, Tax evasion, and Breach of Contract since it is so far in the past as you put it, but it kinda goes towards his integrity when you look at it in balance regarding his current role as founder of the company.

**Interesting to note that the $32.5k note that was paid off and hailed as helping investors - they did not mention a new note replaced that one with Asher for $37.5k at a 44% discount to market rates and carried a hefty 14% interest expense rate.