InvestorsHub Logo
Followers 80
Posts 4112
Boards Moderated 0
Alias Born 10/24/2016

Re: BMoeSki post# 4842

Wednesday, 03/07/2018 1:45:17 PM

Wednesday, March 07, 2018 1:45:17 PM

Post# of 96662
We don’t know how much of the notes are left from PRIOR to yesterday’s note becoming available to convert.....

We DO know how much of yesterday’s note it left though or rather the MAXIMUM that could have been converted into the open market yesterday.

$107,000 converted at 45% lowest of 25 trading days? $107,000/.00045=237,777,777 shares assuming the PPS doesn’t fall below .001 before this note is fully converted.

Also we know the current OS is 426,884,808 so as they can ONLY hold 9.99% at any given time (and when they move to .06 or whatever parking spot that’s them waiting for the TA to convert more shares FYI) 42,645,692 shares per conversion or $19,190 of their $107,000 note can be converted at one time.

So IF they can sell 42,645,692 shares every day they will need just over 5 trading days to convert the note that was available as of the 6th of March.

BS email responses from the IR company stating company is working on a restructuring or anything other than allowing the note to convert is silly wishful thinking on the company’s part. Note holder waited 6 months and are now seeing 1000% gains on their money - buy shares at .00045 and sell for .003 or higher? Would you stop and agree to hold off?

I wouldn’t.

Buy their shares and the note is a non issue. Simple and clean.

$DSGT