EVIO Inc (EVIO)

[GangstaRIB]

I think if the stock price was around .50 - .60 he'd go ahead and pay them off with the new seed money, but at the end of the day the convertibles on the books today are 'cheaper' than the seed funding, so might as well cash that loan in. It's about $1M I believe which if the prices stay above $1.5 will be about $1 a piece to the note holders. We can count on about 1 more million added to the O/S.

So C3, CO lab, and the notes on file are somewhere abouts 3 million shares.
o/s i think is about 15M. I think i counted the seed funding at about 10M shares or so... so future S/S were at around 28M o/s. Add the perf shares fully converted and structure is about 40M.

I'm ok with that so long as we are done handing out shares past these calculations.

I'm hopeful also this is why o/s hasnt yet been reduced.... they are waiting for s/s to shake out and show big money the s/s is solid.

I'm hoping for an a/s of around 50-60M myself.