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Thursday, August 23, 2018 1:42:57 PM
Future BUY of up to 9% due to Debenture in November
Could you explain where this 9% comes from? I'm not that well known with their convertible debenture structure.
Conversion of Preferred Shares to Common Shares
Last known amount of convertible series B stock issued was 2.48 million. (authorized was 5 million) Each share can be converted to 0.025 common shares. So these represent 62,000 shares. Or if all 5 million authorized where issued, which I doubt 125,000 shares.
That was before the 1:100 RS. I guess they now represent 620 to 1250 shares?
If I got the numbers, I can integrate them in my past spreadsheet.
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