Sunshine Biopharma Inc (SBFM)

[Helter Skelter]

That's FANTASTIC, otced! Thanks for the "alert"! OS a little better than I thought, I had the worst case scenario...which was substantially higher (+100m)...and based on $0.001 (which is wrong for all the converts, notice that these SBFM converts don't have a "look back" period) as the strike convert point...meanwhile was wondering exactly how they were calculating the 35% off the 'market price' with no look back ("lowest price past 15 days" type terms)...figure that they (note holders & SBFM) use the VWAP for that day as the market price...?

These are ALMOST ALL eaten. Once GONE, we FLY. Better grab these while you can, this is the last of them...

THERE IS ZERO NEW CONVERTIBLE DEBT...HASN'T BEEN THE ENTIRE YEAR.



These (convertible notes below) were all figured at $0.001 (conversion) which is wrong. But right...for an absolute WORST case scenario. These conversions add up to 268 million shares. Based on convert at $0.001. Most converts were probably done at an avg pps of $0.003? Or higher? "35% below market value" (price) that day that the note-convert-to-shares was requested...

Divide my 268m estimated shares (at $0.001 conversion) by 3 (conversions at $0.003)? 90m shares? Divide my 268 estimated shares by 2 (conversions at $0.002)? 134m shares? OS went from 112m to 262m. 150m share increase. wOw, she gotta be DONE today, soon. :)

43,599,000 + 13,000,000 + 54,000,000 + 32,185,000 + 50,000,000 + 42,800,000 + 32,654,000 = 268,198,000 shares WORST case.

268m shares / 2 = 134m shares. 134m shares + previous OS of 112.8m = 246.8m. OS listed at OTC Markets at 262m. PR coming? Convertible Notes are done? BOOM.





Link > SBFM 10Q Filed 05/18/20 for Period Ended 03/31/20

Good day.