InvestorsHub Logo
Followers 18
Posts 1400
Boards Moderated 0
Alias Born 07/09/2014

Re: None

Wednesday, 07/23/2014 1:58:55 PM

Wednesday, July 23, 2014 1:58:55 PM

Post# of 58418
Before the erroneous PR support was at .0023. If total dilution is applied to that .0023/2.5 = .00092. 1,000,000,000 - 400,000,000 = 600,000,000. 1,000,000,000/400,000,000 = 2.5 All shares out would be 2.5 times the original amount. There could be a reach down to .0009. After correction support came to .0032 which would translate to support at .0013 barring any new PR. Before the erroneous PR support was at .0023. If total dilution is applied to that .0023/2.5 = .00092. 1,000,000,000 - 400,000,000 = 600,000,000. 1,000,000,000/400,000,000 = 2.5 All shares out would be 2.5 times the original amount. There could be a reach down to .0009. After correction support came to .0032 which would translate to support at .0013 barring any new PR.