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Ace Magoo

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Ace Magoo

Re: billscomp post# 78304

Thursday, 10/25/2007 1:07:07 AM

Thursday, October 25, 2007 1:07:07 AM

Post# of 250260
Thats not right. Series B is convertable to 4 times O/S.

4 * 450m = 1.8b if series b was fully converted.

1.8b + 450m = 2.25b

.2 * 2.25b = 450m

.8 * 2.25b = 1.8b

Not putting Series C into the equation. This has been known for a long time and was obvious from past filing. Anyone doing DD should of already been aware of this.

At this time Series B is not considered part of the O/S and doesn't figure into market cap and it may never be.


Oh No, not again!!!


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