EVIO Inc (EVIO)

[GangstaRIB]

Well, some notes are fixed rate but those guys can probably go to court and fight it out to get a much lower rate now that pps is .10 per share. The price tanked based on other note holders so they may be able to get a better rate.

I mean as far as dilution its up to the note holders. The lower the price gets the more people are going to convert. Like I said there is about $4M in debt and pps is .10. I understand a lot of these contracts are fixed price but there could easily be an addiitonal 40 million shares printed to cover all of this debt.

I do not think 40 million will get printed but that is the high watermark we have to look to.

They have been printing 1 million shares a day this week. These shares are in extremely weak hands. Those guys just want their money back + profit. If they get what they converted at they already have a 50% profit on a 1 year note. They have no reason to keep the pps up.