Is this situation. Possible dilution: 1,51m$ of a convertible note at 10% interest per annum, paid quarterly (1 year maturity, 6 months hold period). Convertible at 0.0015$ (80% discount to market) into 1B shares. (1.375m$) 756 250 000 common stock warrants at 0.002$ (73.33% discount to market) The holder must remain below 10% ownership
Offering from April 14th to October 14th of 500m shares at 0.007$ (93% of market price) Total~2.25B shares