"Convertible debt holders got $10,000 today."
Just a tidbit of correction to your input..
1. it's not off 30 day average price but the lowest VWAP. (Volume Weighted average price).
So, ya need a adjustment conversion to figure that but, just based on past 30 days, there's plenty hits on .0002, plenty enough to estimate that, they got 40% discount off of .0002 - 40% = .00012.
So while the amount dumped today may represent $10,000 at an average price of .0002.
It also means debt was only decreased by $6,000 and Death spiral lenders profited $4,000. That is actually a, not including the crazy interest and potential penalties they getting and as all toxic lender get, your note is for X but we take 10-20 back too so you only actually get 80-90% of the note, minus agent fees too, but just in today's dumped share 'all in a dumpity days work a 68% profit!!!.
And the convertible debt is much, much more than you're citing.. report 43 million plus, plus, plus, plus.
that causes you to conceder what the actual fully diluted on this discounted low value is in past 30 days.
In the mean time, last financials appear to be FOS, yet just using the 43 million bucks 43,000,000,000 / .00012 = 383,333,333,333.333 (383 BILLION! fully diluted outstanding )
Yet no complaints from the staff eh? No problems paying them selves through loans and or issuing themselves convertible debt so they can play death spiral dumping too. [wink]
All the while the two dopes, (wait who's the dopes?) B/C the con-ya-some-more and his pal Fat A buddy are paying themselves more than $500,000 plus option awards to screw the idiots who can't even flip a buck out. LOL
A half a million to rip you off carrying a deficit they're lying about too b/c previous report claimed $105,919,593 stockholders deficit, and last only claimed 101 million? now how in the hell did that go down B/C it's what these suckers spent on, a lot of nothing to do but BS. IDIOTS!!
Idiots who bought the stock direct from death spiral lenders who, have paid them well more than an average of twice the price,, I.E they've sucked 100's of MILLION of dollars off the idiots who thought they could flip it for more than toxic dumped it for.. [wink]
383 BILLION fully diluted!! The freaking 'Outer limits'.
("We now return you screen back to your regular broadcasters')
Corn-fused-us Long-vestor ancient saying: Patience and small movements keep a steady course.
I don't have a humble opinion!
At's ma boy!
