InvestorsHub Logo
Followers 68
Posts 7578
Boards Moderated 0
Alias Born 01/10/2014

Re: tothe post# 29265

Wednesday, 04/19/2017 10:10:56 PM

Wednesday, April 19, 2017 10:10:56 PM

Post# of 65771
Fully diluted share data per request:

First the current common count:

Market value: $21,335,278 a/o April 19, 2017

Authorized shares: 3.000.000.000
Outstanding shares: 952,467,800
Restricted shares: *300,174,219
Float: 652,293,581

Fully diluted including the convertible preferred:
Series A = 0
Series B = 5,000,000 * conversion to 100 common = 500,000,000
Series C = 500,000 * conversion to common = 250,000,000
Series D = 832,500 * conversion to common = 258,125,000
Total number of common shares from convertible preferred = 958,125,000

Fully diluted share count = 952,467,800 + 952,467,800 = 1,910,592,800 shares.

I'm very happy to see penny investors understand the dangers of convertible debt, but there is more y'all need to look at for the BIG picture.

2 billion shares outstanding is a heavy load and a R/S will be needed in the future. Also note that the series B maintains it's conversion to 500,000,000 shares of common even after a R/S.

The facts are the facts. Now it's up to you all to find a market value and PPS. Good luck to all of you.