Saturday, February 20, 2021 11:30:32 PM
math the heck out of it.
as per last financials available, 7 convertible notes.
4 notes, totaling about $55000, convertible at 50% discount to lowest price last 10 trading days. so lets even give a discount to a penny. this would give out 5,500,000 shares.
3 notes, totaling about $75000, convertible at same rate OR 0.005. so lets say 0.005 which is 15,000,000
so likely 20M shares can be converted.
they could have 6.5 BILLION more debt but if its not in a convertible note it doesn't get converted.
on top of that;
A/S still 495,000,000 - not sure it is even possible for them to convert "billions"
Math. its your friend.
that said i'd like them to get current with filing.
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