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surfkast

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surfkast

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Re: ROLL DEM DICE post# 51600

Wednesday, 09/13/2023 4:04:50 PM

Wednesday, September 13, 2023 4:04:50 PM

Post# of 57467
No. Authorized as you know are the total amount. Reserved are shares put aside for specials purpose corporate actions like warrants and preferred stock which have a set conversion rate.
For convertible loans there is no way they can predict the PPS at conversion.

If they owe $1 million and the PPS is say .10, then they will have to issue 75% discounted shares based on that price. If the PPS is .01, the same applies.

That is the reason I believe they will soon increase the A/S.

I am trying to find TC Special Investments Ted Ralston who seems to be cashing in for billions of shares.

It is understood that all posts on the site are to be considered opinions. They do not need to indicate this in their posts.

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