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Re: kl11i post# 37293

Thursday, 07/20/2017 2:00:52 PM

Thursday, July 20, 2017 2:00:52 PM

Post# of 61601
Wouldn't the math roughly work like this based on popular opinion:

500 million OS shares RS to 125 million, leaving 375 million to cover the debt conversion post RS

If $15 million in debt sells 75% (25% kept for ride up) = $11,250,000 to sell

And $11,250,000 / $375 million = $0.0300 average pps on the debt conversion

Assume no existing shareholder sell off (sigh), wouldn't the "bottom" or average for debt conversion reasonably be considered $0.0300 / share

Realize there's a ton of other factors, but couldn't this generally attempt to describe what the hell is going on here.

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