Solaris Power Cells Inc (fka SPCL)

[DwyaneMcRoberts]

Hold up. The 11 billion shares includes: (1) Full 2.16 billion Commons, (2) All Series B Preferred Stock converted into Commons, (3) All Series A Preferred Stock converted to Commons (though these shares cannot hit the market, in the May 8k, it explicitly states Series A Preferred cannot be converted into commons; however, Series B Preferred Stock can be converted into Commons), (4) The 6 million dollar convertible note.


From Investopedia: Fully diluted shares are the total number of shares that would be outstanding if all possible sources of conversion, such as convertible bonds and stock options, are exercised.

We do not yet know how the AS will change. The total 9 billion to MIG and company will be in the form of any combination of: notes/warrants, Series A & B Preferred Stock, and Commons.

Common shares will be "diluted" to accompany the value of MIG.

For example, in the worst case scenario, adding MIG only doubles the value of the SPCL (Pixelmags + MIG) while shares get diluted 45%. Then you get a 5% increase in value based on math.

Another example, in a more likely scenario, adding MIG triples the value of the SPCL while shares get diluted 45%. Then you get a 90% increase on math.

NO P/E conversion, none of that. SPCL shed 45% of the companies value for MIG. PR said it right, SPCL roles up undervalued companies.

You can look at the conversion rules for SPCL here:
https://www.sec.gov/Archives/edgar/data/1411730/000149315216010214/ex10-6.htm

The promissory note that Farah is referring to is here:
https://www.sec.gov/Archives/edgar/data/1411730/000149315216010214/ex10-4.htm

I encourage everyone to read the conversion rules. The note, on the other hand, is a bit dense (but still encouraged).

PEW PEW PEW

MIXTAPE COMING IN HOT FEAT NEELIE MCDEELIE!

$D$