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Monday, 10/15/2018 12:49:00 PM

Monday, October 15, 2018 12:49:00 PM

Post# of 42613
THE WORST IS YET TO COME!!! MORE DILUTION

10Q says 110 million dilution coming!

And that excludes the Preferred A & B Share conversions that could start happening at any time.

Basic and Diluted Loss Per Common Share

Basic loss per common share is computed by dividing net loss by the weighted average number of vested common shares outstanding
during the period. Diluted loss per share reflects the potential dilution that could occur if securities or other instruments to issue common stock were exercised or converted into common stock.

Basic and diluted loss per shares are calculated the same for all periods presented due to the net loss. The following securities are excluded from the calculation of weighted average dilutive common shares because their inclusion would have been anti-dilutive:

As of June 30,2018 2017
Options 2,883,379
Warrants 1,061
Series A convertible preferred stock 115,000
Series B convertible preferred stock 41,842,241
Convertible debentures 107,185,742

Total potentially dilutive shares 110,185,182
Volume:
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  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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