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Re: PennyStockPickz post# 75008

Thursday, 10/16/2014 3:16:04 AM

Thursday, October 16, 2014 3:16:04 AM

Post# of 79352
As of the latest financials the O/S was 1.9 billion (basic) and 4.9 billion (diluted).
The A/S was recently increased from 5 billion to 9 billion to accommodate for the notes convertible IMO.
The O/S was increased by c. 450 million paid to one of the Redwood corps but unsure whether or not that was already included in the (diluted) O/S, keeping the (diluted) O/S at 4.9 billion and increasing the (basic) O/S to 2.3-2.4 billion or if it was not included thus also increasing the (diluted) O/S to 5.3 billion.
Also, there may possibly have been other converted notes in the past few weeks which were less than 5% of the O/S causing an increase in either or both of the O/S as well.

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