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Re: Werbe post# 1996

Tuesday, 07/09/2019 9:33:30 PM

Tuesday, July 09, 2019 9:33:30 PM

Post# of 88533
The quarterly will show worst case , ending May 30th, 53k in remaining current converts with an addition of a rough 21k in April(September convert)..and another rough 25k in May(thinking). The may 30th outstanding will be a rough 81 Mill'...maybe less 4 mill(rough 77 mill' total) I had to rework the numbers due to the EMA net discount(refer to 10k). There is always something buried..eh?

A rough 25 Million shares converted and sold into this market since June 4th @ 21% inv' turn on total volume. Typical inventory turns between 15% and 30% with regards to converts entering the market.

I'm seeing $205,677 in extinguished debt circa June 4th based on 62,326,391 shares entering market on a combined average(3) conversion factor of .0033 from April 15th to June 4th. If I add in the rough 47.5k from subsequent events per last quarterly, that now equates to a rough 253k extinguished(subtract from 306k). Only being a given if those shares were from conversion issuance.


God forgive if that conversion number is just a little higher than .0033 combined...eh?...like 6% higher? so...I'm still here man:

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Whatcha' got?