Blue Sphere Corp. (BLSP)

[WarMachine]

"The Note was convertible into 9,660,071,942 shares of Common Stock subject to a beneficial ownership limitation of 9.99% of the total outstanding shares of Common Stock."

Prospective investors should note that as of the last TA update, as noted in the ibox, there have been over 4 BILLION DUMPED already, BUT, there are over 5 BILLION LEFT in this conversion. That means the PPS needs to rise substantially, the authorized needs to INCREASE AGAIN and/or a reverse split needs to happen in order to accommodate the remaining share owed to Keener. No matter which options they manage to do, THERE WILL BE A LOT MORE DILUTION.