The Notes are convertible into shares of Common Stock in whole or in part from time to time at the option of the Investors at the Conversion Price then in effect. The "Conversion Price" is equal to 40% of the average of the lowest three trading prices for the Common Stock during the previous twenty trading days ending one trading day prior to the date of a holder's notice of conversion. The Conversion Price is subject to certain adjustments, including, but not limited to, adjustments for stock splits, stock dividends, mergers, consolidations and distributions.
That means; in case they wanted to convert today..
40% of 0.0022 = 0.00088 800'000$ : 0.00088 = 900+ Million new shares...WHOW
