InvestorsHub Logo

xZx

Followers 1271
Posts 80968
Boards Moderated 4
Alias Born 02/17/2005

xZx

Re: GoldNSilver post# 51253

Monday, 11/05/2018 8:53:22 PM

Monday, November 05, 2018 8:53:22 PM

Post# of 60106
i haven't been able to find the terms of any convertible notes, but they usually get a big discount to market. so, for example, if that's 40% off of .0001 the pps would be .00006

let's do a bit more math.

if the $170K in notes listed in the last filing were paid off in shares, specifically 3,066,530,225 of them, then the average pps would be... .00006/share.

aside from whatever fundamentals are brewing, maybe QBAN is convertible debt-free.