SCIE... 0003...Psar flipped to a bullish buy signal as the bollies starting to squeeze on strong volume...Sector is heating up with the emergence of USRM...NPHC...I think SCIE at 0003 has a strong possibility to leave the trips as well...
The Debentures were issued with detachable five year cashless Holders Warrants that allow the holders to purchase one share of stock for each two shares available under the converted Debentures at an exercise price ranging from $0.02 to $0.1287 per share. In addition, the Company issued five-year cashless Agent Warrants equal to 10% of the total number of shares issuable under the Debentures and Holders Warrants at exercise prices ranging from $0.0745 to $0.1287 per share. For debentures issued through March 31, 2013, at the option of the Debenture holder, the terms of the Debentures and Holders Warrants are subject to an exchange feature in the event that the Company issues securities with terms more favorable than those of the then outstanding Debentures and Holders Warrants. Debentures issued subsequent to March 31, 2013 do not contain such an exchange clause. During the three months ended March 31, 2017, Debentures with an accumulated principal balance of $150,000 and $13,767 of accrued interest were assigned to a third party note holder. The new notes contain variable conversion rates discussed below. The gross amount of Debentures with fixed conversion rates outstanding is $5,977,082 as of March 31, 2017.
Warrants Price Value
Outstanding at January 1, 2017 132,278,221 $ 0.0765
Granted 5,500,000 $ 0.0200 $ 0.0006
Cancelled (26,577,571 ) $ 0.0745
Exercised - $ -
Outstanding at March 31, 2017 111,200,650 $ 0.0742
Exercisable at March 31, 2017 111,200,650 $ 0.0742
(party)
