Nutex Health Inc (NUTX): How'd you figure that? You mean anot...

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king koopa

Re: lighter than AIR post# 1847

Friday, 03/01/2019 3:42:46 PM

Friday, March 01, 2019 3:42:46 PM

How'd you figure that? You mean another 50m on top of the 321m OS reported on Wednesday?

I did some math last night from the filings. Looked like $572k outstanding in September which was eligible to convert, then subsequent to the quarter ending, up to the filing date in November, $112,543 was converted into 23,164,765 shares, leaving $459,457 to convert after November. OS went from 181m in Nov to 321m this week, 140 million increase. The conversion prices are a guess, they all convert at 65%, but if we just pick say .0023 for an average conversion price that would be $322k of debt leaving about $140k remaining. Obviously the average conversion price is unknown so I'd guess something like $100-150k balance left to convert. If they really got 50m MORE shares, making the OS 371m, then it might be the last conversion