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Re: 12ka post# 29839

Monday, 08/06/2018 1:17:17 PM

Monday, August 06, 2018 1:17:17 PM

Post# of 96660
This stock went from 4 cents less than a year ago to under .0010 , currently around .0009 or so.

"Only 2 notes left" is only meaningful if you

1- Can call the Transfer agent and actually get the OS and track it

or

2- At least know how much is left on the two notes. Then divide by price per share (adjusted for any discount on conversion) to see how many shares will hatch.

For example If there is 500,000 left on the two notes and the discount to MV that is on the conversion is 30% and the stock price is .0010 here is what that could look like

500,000 / .0007 (30% discount to MV of .0010) = 714 million shares.

If its 250k left it could be half that .. if 1 million is left it could be more

That is a lot of shares. If the price goes up, the share dilution is less obviously.

Bottom line, great product, some good initial moves. In an industry that needs a tech overhaul to jumpstart interest etc but without the basic info it is hard to tell exactly what you are buying.


Everything I post is my own opinion and people should always do their own research and due diligence on any company they are looking at

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