Wednesday, June 11, 2008 3:04:58 PM
The issuance of shares under our convertible debentures agreements could increase the total common shares outstanding by 81%.
The holders of the debentures could convert such debentures into approximately 807,466,375 shares based on the market price on March 31, 2008. Such issuances would reduce the percentage of ownership of our existing common stockholders. This result could detrimentally affect our ability to raise additional equity capital. In addition, the sale of these additional shares of common stock may cause the market price of our stock to decrease.
Please research prior to investing. I am human, & subsequently make mistakes. I will voice my opinions based on facts, but they are just opinions all the same. The decision to invest should be yours. I will however, never lie to you!! I dispise liars & th
Please research prior to investing. I am human, & subsequently make mistakes. I will voice my opinions based on facts, but they are just opinions all the same. The decision to invest should be yours. I will however, never lie to you!! I dispise liars & th
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