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Wednesday, October 05, 2016 9:37:27 AM
39,896,589,042 (39.8 billion) Fully Diluted Outstanding (FDO)
FROM LONG-VESTER, also in the financials below...
http://www.otcmarkets.com/financialReportViewer?symbol=ERBB&id=160795
http://www.otcmarkets.com/financialReportViewer?symbol=ERBB&id=160840
This Trend-SCAM is dumping .00025 on you!!
@ .0015 that's 6 times the money! Who's shorting this? INSIDERS!!!
Insiders: "That's 1 for you and 6 for us! Ka-ching!"
Needs to be sticky-ed! This conversion factor and fully diluted amount will not change unless it goes below .0005. No matter what price above it, the convertible terms cited below are for 12 months! [wink]
READ the 10K!!!! Ref: June 30 2016 10K: http://www.otcmarkets.com/financialReportViewer?symbol=ERBB&id=160795
At June 30, 2016, 7,247,693,042 common shares issued and outstanding
June 30, 2016 LIABILITIES
CURRENT
Loans from shareholders $1,992,818 (This is how they pay their salaries and payroll )
Debentures payable and accrued interest $6,169,406
$6,169,406 + $1,992,818 = $8,162,224
The debentures accrue interest at 10% per annum and will convert into the company’s common stock at 50% of the lowest closing bid price 12 months before the conversion date.
Lowest closing bid price in past 12 months = .0005 - 50% = .00025
$8,162,224 / .00025 = 32,648,896,000
32,648,896,000 + 7,247,693,042 = 39,896,589,042 (3.8 billion) Fully diluted outstanding
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