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RCHA - Average conversion price of these shares

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e-ore Member Level  Thursday, 12/31/15 05:56:38 PM
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Post # of 8407 
RCHA - Average conversion price of these shares is less than .0001. It's less than .00005. News came out on the big conversion day. 8k filing came out after hours today.

928,627,329 shares converted at less than .0001, 2.24 billion shares traded on the news day, 1.2 billion dumped the day after the news.

"Item 3.02 Unregistered Sales of Equity Securities

On December 9, 2015, the Company issued 77,599,111 shares of Company common stock to satisfy the conversion of $1,387.00 of a convertible note payable with Auctus Private Equity Fund, LLC.
On December 28, 2015, the Company issued 59,620,000 shares of Company common stock to satisfy the conversion of $837.58 of a convertible note payable with Auctus Fund, LLC.
On December 28, 2015, the Company issued 238,416,667 shares of Company common stock to satisfy the conversion of $14,305.00 of a convertible note payable with KBM Worldwide, Inc.
On December 28, 2015, the Company issued 257,991,551 shares of Company common stock to satisfy the conversion of $14,000.00 of a convertible note payable with LG Capital Funding, LLC.
On December 28, 2015, the Company issued 295,000,000 shares of Company common stock to satisfy the conversion of $17,700.00 of a convertible note payable with JMJ Financial.
On December 29, 2015, the Company issued 139,916,667 shares of Company common stock to satisfy the conversion of $7,075.00 of a convertible note payable with KBM Worldwide, Inc.
On December 29, 2015, the Company issued 127,833,333 shares of Company common stock to satisfy the conversion of $7,670.00 of a convertible note payable with KBM Worldwide, Inc.
On December 30, 2015, the Company issued 295,624,750 shares of Company common stock to satisfy the conversion of $6,599.53 of a convertible note payable with Auctus Fund, LLC.

The total number of outstanding shares of common stock of the Company as of December 30, 2015 after the above described issuance is 6,487,182,380"
http://archive.fast-edgar.com//20151231/A322U22CZ222N2N2222B22N2WJ3HHV228272/

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