Outstanding Shares 187,048,252 06/27/2018
Now that what’s been Issued & Exercised
If any Warrants or Options are Awarded but not Exercised - Their not included in the Outstanding Total
Warrants could be 2,400,000 and not added to the Outstanding until Exercised
1.25M @ .04 and 1M @ .05 and 50,000 @ .10 and 50,000 @ .125 and the last 50,000 @ .15
On January 16, 2017, the Company issued 1,000,000 warrants for common stock to Vincent Moreno for future consulting services. The warrants have an exercise price of $0.05 and expire in five years.
On January 30, 2017, the Company entered into an agreement with CorporateAds.com, LLC for services. The compensation provides a minimal $500 payment, 150,000 shares of common stock, and 150,000 warrants for common stock. The warrants have an exercise price of $0.10 per share with an expiration date eighteen months after issuance. The agreement is for 15 days and has an auto renewal feature for an additional 75 days. During the 75-day period, the Company will pay $500 for each additional 15 days. On February 1, 2017, both parties agreed to an addendum to the agreement to change the exercise price of $0.10 for the warrants to the following: 50,000 of the warrants have an exercise price of $0.10 per share; 50,000 of the warrants have an exercise price of $0.125 per share; and 50,000 of the warrants have an exercise price of $0.15 per share.
On February 12, 2018, the Company issued 1,250,000 warrants for common stock to Paul Pelosi in satisfaction of this obligation. The warrants have an exercise price of $0.04 and expire August 11, 2018
Options could be 10,000,000 and that too is not in the Outstanding until Awarded @ a price and still not included until Exercised
Stock Option Plan
On June 27, 2016, the Board of Directors approved the 2016 Stock Option Plan which has reserved 10,000,000 shares of common stock. There are no stock options outstanding as of March 31, 2018.
So the Outstanding Shares 187,048,252 06/27/2018
Could have another 12.4M added for the Warrants and Options if Exercised
Total Diluted should be around 200M and in the last 10Q threw 3/31/2018
Basically all debt has been paid except about $10K in interest on (1) Note and set at .04 I believe
Next would be debt owed to suppliers whether they are directors - consultants or Board member and is about $120K per month and paid in Stock that also goes to the Outstanding Total
Float is just that - Shares Free And Trading around
Someone holding 5% or more is suppose to report the sell and those sold then get added to the Float
Take this new deal with the 430,000 sq ft Green House
Seller is a Investor and shares are probably Restricted and none Tradeable and not included in the Float but are included in the Outstanding
Maybe within a year a 1/3rd will release and then those will be added to the Float
So technically theres 200M totally Diluted maybe if all Exercise their hold and @ .14 that’s a $28M Market Cap
Bring on that $30M Yearly Crop And you’ll see $4.20 a share being pushed if the Diluted Outstanding doesn’t keep growing, unless it too produces Revs to justify it
I’ll add in this - Last shares used to pay Insiders was .16 or there abouts and that’s roughly 1M per month
Now their valuing the shares @ .23 for the last couple Acquisition and Insider pay should also be in that range of .23/.25
JMO
