AI
Friday, July 18, 2008 12:13:37 AM
EPGL(.005) ~ She's gonna go here ~ O/S is maxed[for now] ~ fully reporting company with no "Going concern disclaimer on filings" ~ has multiple contracts with the army, as well as working with other branches. Chart looks Primed...
If the obligation had been settled on March 31, 2008, under the formula for conversion, the Company would issue approximately 18,765,476,038 shares of its common stock (with a fair value, based solely on the quoted market price per share as of March 31, 2008, of $3,753,095). However, under the terms of the agreement, the maximum number of shares that could be required to be issued is 206,666,666, and the maximum number of shares of common stock that are authorized to be issued by the Company is 500,000,000.
If the obligation had been settled on March 31, 2008, under the formula for conversion, the Company would issue approximately 18,765,476,038 shares of its common stock (with a fair value, based solely on the quoted market price per share as of March 31, 2008, of $3,753,095). However, under the terms of the agreement, the maximum number of shares that could be required to be issued is 206,666,666, and the maximum number of shares of common stock that are authorized to be issued by the Company is 500,000,000.
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