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Atlanta1

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Atlanta1

Re: None

Thursday, 01/26/2017 9:26:05 AM

Thursday, January 26, 2017 9:26:05 AM

Post# of 37328
I don't think there is any reason to think all the remaining debt will be converted immediately, at these low prices.

Please notice that each conversion 8K corresponds with a release of funds to GBSN for operating purposes.

THIS IS ON AN "AS NEEDED" BASIS.

GBSN will only draw as much as they need periodically, so the drawdowns - and conversions - could be stretched out well into the future.

This will allow some of the conversions to be done at a much higher price - note the recent .50 requirement for unlimited conversions.

GBSN has a chance to go much higher here, imo...

$GBSN
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