Monday, November 27, 2017 8:30:29 AM
"On December 21, 2016, a note holder converted $4,000 of outstanding principal into a total of 4,000,000 shares of
the Company’s common stock at $0.001 per share.
On January 19, 2017, a note holder converted $2,000 of outstanding principal into a total of 2,000,000 shares of the
Company’s common stock at $0.001 per share.
On March 7, 2017, a note holder converted $3,000 of outstanding principal into a total of 3,000,000 shares of the
Company’s common stock at $0.001 per share.
On April 18, 2017, a note holder converted $2,000 of outstanding principal into a total of 2,000,000 shares of the
Company’s common stock at $0.001 per share.
On June 15, 2017, a total of 3,000,000 shares originally issued to settle $3,000 of outstanding principal relative to a
convertible note were returned to treasury and canceled."
Could explain the drag on the stock price. I'm sure converters are happy to be selling at these prices. 14 Million shares converted this year. At the average daily volume this moves at...it's a long time to soak up those shares.
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