For every million dollars that they raise from Keystone, appox.20 million shares would have to be issued using a market price of $.05.
Correct me if I'm wrong, but it would therefore take 25 x 20,000,000 shares to collateralize the whole loan, or 500,000,000 shares.
Potentially, if these became outstanding and held by the lender Keystone, they would own half of the company, right?
But I also assume that would only happen in a default.
Any comments on my suppositions are welcome.
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