InCapta Inc (INCT)

[big_money_insiders]

Brytex, Your post last week to me when I told you the share count was heading billions higher. You still going to question what is happening? Check the dates on my post.

Posted by: Brytex
In reply to: big_money_insiders who wrote msg# 119970 Date:3/21/2006 3:00:48 PM
Post #of 128230

Or...Perhaps we are almost done with GG???

As of end of December, there was about $9M left to squeeze out of the $16.5M finance package from Golden Gate.

What if GZ wanted $4M more beginning of January. First five trading days of January, the PPS avg. was .0129, so a conversion at .01 is reasonable (18% discount factored in).

$4M/.01 = 400M shares.

Add that to the then 3.3B OS, and you get a current OS of 3.7B, with $5M more left to get from GG.

Now let's pretend we can get a pop this month (on news or whatever) to .025, and say we can stay there for a while. And let's say GZ wants the rest of the money, $5M.

.025 - 18% discount = .0205 conversion price

$5M/.0205 = 244M shares.

Add those shares to 3.7B OS and you get a new OS of 3.944B.

We would be done with GG and the OS stays under 4 billion, so no need to raise the AS...EVER!

Just another way to look at things, right? Please let me know if my calculations are off somewhere cuz I would really like to know.