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Friday, August 31, 2018 5:47:55 PM
Here is the verbiage:
"From August 15, 2018 through August 29, 2018, we issued an aggregate of 27,104,977 shares upon the conversions of outstanding notes and 40,540,985, shares upon the cashless exercise of outstanding warrants. These conversions were made pursuant to the exemption provided by Section 3(a)(9) of the Securities Act of 1933. As a result of these issuances, we have outstanding 784,794,117 shares of common stock as of April 27, 2018."
So they converted:
27,104,977 to pay off notes
40,540,985 to pay off warrants
total is 67,649,962
Per OTC Markets:
Outstanding Shares 717,148,155 as of 08/14/2018
add 67,649,962 + 717,148,155= 784,798,117
Conversion of these shares took place between 8/14 and 8/29
That is what I understand this 8K to be.
My research and my opinion. My opinions is not a recommendation to buy or sell a security. Your decision whether or not to make a purchase should be based on your own due diligence.
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