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Friday, June 08, 2018 10:53:10 PM
Also the company is projecting $2.3m in note holders and $2.0m in accrued interest to be converted to common shares
Projected $4.3 million converted to common share at today pps would add approximately 2.39 billion to the OS,
I’m really hoping that when they say projected that the final deals haven’t been signed and we have a chance to increase the pps before the final agreements are signed. If that’s the case the company needs to keep the pr train rolling and drive the pps upwards so we can convert this projected $4.3 million of debt at a penny or two and keep the OS under 2 billion.
I guess we will see soon enough if they file to increase the AS to 3,4, or 5 billion.
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