Thursday, June 04, 2015 11:38:22 AM
Typenex starting converting June 1 (this week). Their loan is for $87,500 and they are converting at 0.0015 (my estimate 60% of 0.0025). If they convert all of the $87,500 that means 58M shares. They may be keeping 7M and selling 51M ???
KBM can convert $50,000 worth of loans starting June 8 converting at 0.002)
50,000/0.002 = 25M shares (0.002 is my estimate 0.70 X 0.0029)
These may be the last two big conversions.
So they may be adding 76M more shares to the o/s
All these are my own opinions.
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