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Re: buccaneer1961 post# 16188

Monday, 04/23/2018 12:12:53 AM

Monday, April 23, 2018 12:12:53 AM

Post# of 96651
My understanding is that if it converts on April 30th it will convert at the lowest traded price in the last 25 days, so far I believe that rate is .0028 and hopefully it won’t fall any lower that that.
So $107000 / .0028 = 38,214,286 shares to be converted and added to the OS. the one good thing about the April note is it doesn’t convert at a discounted rate of 55 or 58% of the lowest traded price like the July and August notes do.
So let’s just hope dsg has the capital to pay off these notes before they convert as that will make for a great pr and boost investor confidence knowing all notes are cleared and it’s clear sailing to silver..

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