Here is my take on the A/S shares:
After rereading all of the information available here's my take!
Approximately:
3.7B shares / 2000 = 1,850,000 common shares
3B available for future use / 2000 = 1,500,000 future common shares
Total common shares available will be about 35M if all warrants/notes are traded for common shares.
35,000,000 Total shares of common stock available after all conversions!
<1,850.000> Existing A/S
<1,500,000> Future A/S
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31,650,000 total shares of common stock available for debters!
Not to say additional shares couldn't be approved in the future but 35M total doesn't seem bad for a company with the potential of NGEN!
I think their presentation of the 6B to 3B is very confusing, but that's my interpretation. The conversion of the debt is also confusing!