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BuddyWhazhizname

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BuddyWhazhizname

Re: None

Thursday, 08/14/2014 9:37:38 PM

Thursday, August 14, 2014 9:37:38 PM

Post# of 28183
75.8 million NEW shares...

...is what a $50K convertible note puts into the market.

Yep, the notes convert to stock at 45% below the lowest market price in the last 20 days.

Page 11 of the Q1 10Q lists 9 convertible notes held by Cyclone.

As each is converted and sold, the stock gets diluted, price goes down and volume goes up.

Good news is there was only $650K in notes at the end of Q1. That would now translate into 984,848,484 new shares.
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