Metro One Development, Inc (MTRO)

[charhorse]

This is an excerpt from the most recent filing concerning their debt
On March 5, 2008, we agreed to amend the terms of the note. Pursuant to the terms of the amended note, payments made by us in satisfaction of the note will be in shares of our common stock, which we will issue to Dutchess on the tenth calendar day of each month until our obligations under the note have been satisfied in full. Each payment will be convertible at eighty percent of the lowest closing best bid prices of our common stock for the ten trading days prior to the payment due date. The maturity date of the note remains the same. As of March 5, 2008, we owed $632,500 on the note.

You will never be able to buy shares as cheaply as they are willing to give them to Dutchess, it is set up for them to win, and you to lose. Do you like to lose?

At the current bid level it would take in excess of 3,162,500,000 shares if that amount were totally paid off in shares, or as I loving like to call them "Charmin Sheets"
This exceeds the current authorised shares for this company.
Kreskin Turk must have some trick up his sleave, unless I am misreading this

SHARE STRUCTURE:
Common stock; $0.0001 par value; 1,000,000,000
shares authorized

As of December 13, 2007 the Issuer had 60,258,567 shares of common stock issued
and outstanding, par value $0.0001 per share

I can't wait for the next filing to see the updated share count.
You'll see some "Unprecedented Growth"