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Re: wreckingball post# 5964

Wednesday, 06/11/2014 3:59:49 PM

Wednesday, June 11, 2014 3:59:49 PM

Post# of 25333
"...it seems like the adding of shares had stopped..."

Not sure how you are coming to that conclusion. Here are the list of just matured convertible debt notes:

Black Mountain Equities, Inc. (5/13/14): $45,500 convertible at 50% of the lowest closing price during the 10 trading days prior to the notice of conversion - estimated dilution added was 45.5 million shares.

LG Capital (6/4/14): $50,000 convertible at 25% of the lowest trading price during the 20 trading days prior - estimated dilution added was 140 million shares.

Asher Enterprises, Inc. (6/10/14): $32,500 convertible at 55% of the average of the two lowest closing prices during the 15 trading days prior to the notice of conversion - estimated dilution added was/is 45.5 million shares.

There is an additional $279,700 coming up for dilution between August and the end of the year, and an additional $110,000 in February - all of which have similar favorable terms with steeply discounted conversion strike prices.....the gift that keeps giving....

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