Eco Building Products Inc. (fka ECOB)

[Long-vestor]

Fully diluted: 160,736,739,840 (160.7 BILLION!!)

The Company had approximately 8,036,836,992 and 8,622,011,614 potentially dilutive shares at June 30, 2015

That amount would have been based on, 06/30/2015 PPS: 0.002 cent, market close.

- 40 % (convertible discount) = .0012 x 8,036,836,992 = $9,644,204.39 (total convertible debt included in June 30 annual disclosure)

$9,644,204.39/.00006 = 160,736,739,840 (Debt conversion based on lowest average within past 25 days of .0001, current 40% discount = .00006)

I.E. as of now the fully diluted, which they just happened to try and hide by not stating it, as is normal in a separate paragraph up dated to time of filing, is!! 160,736,739,840 (160.7 BILLION!!)

Back tested: .00006 x 160,736,739,840 = $9,644,204.39

Additionally this also means that all convertible notes, and preferred are in default and due penalty interests of 18% Plus, Plus, Plus.

This is an approximation as some of the C was dumped yet increased higher at the same time and does not include other convertible debt, past due, unppaid taxes etc. etc. etc.

ECOB is a prime model description of: Toxic Death Spiral and any time now there will be no bid.