Potnetwork Holdings Inc. (fka POTN)

[CashCollections]

It essentially a tool for companies to raise funds via stockholder equity vs more traditional forms of financing that may not be available due to industry. you are correct, at a rate of .003 to totally wind down the overall debt it would take another 500M shares. I wouldn't worry about that as I have stated, POTN is the overall recipient and owner of the debt equity swap. They can forgive it at any time...they are just pulling whatever they need to cover financing expense of expansion. We are at 484M shares as of end of Q3...I am guessing we will be closer to our original share count of 595M by end of year...the main take away is that we will have no debt, and have our expansion fully financed. If you take a snap shot at beginning of year, and end of year you will see same share count, but total reduction of debt and short-mid-and long term expansion initiatives totally funded.