Don't freak, just a data dump.
Could it be those 250 million common shares are earmarked to play the part of wiping out convertible debt? I find this most interesting > 10-Q states at 3/31/2017 Convertible debt stood at $446,813...therefore take this $446,813 and divide it by Wais' 250,000,000 million common shares...
**Remember, they state that this deal done by a "cashless" transaction
$446,813 divided by 250 million= .001787 rounded up to .0018
TXHD press release announcing debt settlement with JSJ states .0018 was the price per share at exchange.
TXHD states $500,000 settlement.
$500,000/.0018 = 277,777,778 txhd shares
277,777,778- 262,000,000 = 15,777,778 shares due back to txhd
Deal supposedly done on May 24th
May 23rd stock price high was .0018
JSJ walks with 262 million txhd shares.
277,777,778 shares - 262 million shares = difference of 15,777,778 shares
15,777,778 x .0018 = $28,400
12 million shares x .0018= $21,600
$446,813 + $21,600 = $468,413 total JSJ monies
$500,000 - $468,413 = $31,587 txhd overpayment
$28,400 + $21,600 = $50,000
$500,000 - $446,813 = $53,187
$53,187 - $21,600 = $31,587 txhd overpayment
$31,587 going to payoff another debt holder?
May 24 signing from end of 1st quarter April 30th= 24 days
24 days of interest owed to JSJ
24 days is equivalent to 12 million shares for interest May 1st to May 24th.
Wais leaves 250 million shares in common shares at time of 1.75 billion transferred to Preferred status.
12 million share difference of JSJ holdings and Wais' 250 million common shares
