Saddle Ranch Media Inc (SRMX)

[winmeny]

When will this round of DILUTION end?

OS = 650M as of 1/24.

Northbridge (the converter) can convert up to 9.9% of the OS each day.

The loan amount is $115,000. The conversion rate is at .00035 per share (50% of the lowest trade in the last 20 trading days). The total amount of the shares issue will be 330M.

1/25 = day 1: 650M + 65M = 715M
1/26 = day 2: 715M + 71M = 786M
1/29 = day 3: 786M + 79M = 865M
1/30 = day 4: 865M + 86M = 951M
1/31 = day 5: 951M + 30M = 981M

This round of dilution will end next week on Wednesday 1/31 if Northbridge chooses to convert 9.9% of the OS each day.

The new OS will be 981M shares when this round of dilution completes.