Newlead Holdings Ltd. (fka NEWLF)

[joseagro]

HAnnover Debt paid calculation

Pre 1:50 split (Jan 4 to May 20) = 30-35 million dollars
Post 1:50 split (from May 20 to June 5): 20-25 million dollars

Only post 1:50 R/S
From May 20 to June 5= 22.7 million dollars (more or less)


"..Accordingly, on May 20, 2014 MGP requested 1,000,000 Additional Settlement Shares, on May 28, 2014 MGP requested 1,500,000 Additional Settlement Shares, and on May 30, 2014 MGP requested 3,200,000 Additional Settlement Shares pursuant to the terms of the Settlement Agreement .."

That´s 5.700.000 shares at an average price of 2$= 10 millions.

"..on June 2, 2014 MGP requested 2,500,000 Additional Settlement Shares and on June 3, 2014 MGP requested 2,700,000 Additional Settlement Shares.."

That´s 5.200.000 shares at an average price of 1$= 5 millions.

"..Accordingly, on June 4, 2014 MGP requested 6,800,000 Additional Settlement Shares and on June 5, 2014 MGP requested 4,200,000 Additional Settlement Shares.."

That´s 11.000.000 shares at an average price of 0,70$= 7.7 millions