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Tuesday, June 30, 2015 12:11:05 PM
Scenario 1 > 946,197,016 shares < potential dilution for past and (some) current debts.
Current OS = 48,201,582 as of March 31, 2015.
The Company has filed to re-domicile in Wyoming, reduce it’s authorized common
shares to one billion (1,000,000,000) down from two billion (2,000,000,000)
and change the name to “North American Cannabis Holdings, Inc.”.
The Company has also requested a symbol change to it’s stock.
![](http://investorshub.advfn.com/uimage/uploads/2015/6/30/wvtfy0_-_USMJ_convertible_to_shares_calcs.png)
Low and close on June 1, 2015 was $O.OO45. Assuming that was "close enough" to the closing bid price.
Gave the converters the benefit of the doubt and used 50% of $O.OO46 for the convert strike price. Thanks...
![](http://investorshub.advfn.com/uimage/uploads/2015/6/30/mrprc0_-_USMJ_chart_low_Jun_1_2015_OO45.png)
That's all that I have for now, busy. Thanks...good day...
All in my opinion. The red calculations, on the report, are mine.
Link to filing > USMJ Quarterly Report 03/31/2015
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