the first stop is another 175,000,000 new shares printed from existing outstanding debt thats now convertible at any time.
1. 4,000,000 USD "garrett group" at 65% of all VWAP prices no floor on conversion (before discounts) 2. 15,000,000 USD "ECAB group" past due interest at 65% of all VWAP prices no floor on conversion (before discounts) with $3USD strike price so they must issue $3USD "worth" of shares but using "garrett group" conversions not including discounts and penalties. 3. 15,000,000 USD "ECAB group" principal payments due at 65% of all VWAP prices no floor on conversion (before discounts) with $3USD strike price so they must issue $3USD "worth" of shares but using "garrett group" conversions not including discounts and penalties.
.....and then they still want more money!
the math is easy:
$34,000,000USD divided by 65% × $0.35 = UNLIMITED NEW SHARES BECAUSE THE SHARE PRICE WILL KEEP IMPLODING.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.