InvestorsHub Logo
Followers 49
Posts 2387
Boards Moderated 0
Alias Born 08/07/2007

Re: JPetroInc post# 147927

Monday, 08/25/2008 7:26:01 PM

Monday, August 25, 2008 7:26:01 PM

Post# of 326351
That's an easy one JP. It would be the shareholders of course. Perhaps we can add another zero behind the decimal point as the result of a shareholder lawsuit and instead of YA converting their 19,674 Series C shares for 476,190 to 1 they can convert for 4,761,900 to 1. In addition, we could move the company reported 23,624,355,000 shares of fully converted debt instruments into 230,624,355,000. Then instead of looking at a RS of 1 for 100 we could get 1 for 1000.

Edited to add: oops forgot to add the currently outstanding of 1,145,224,960 shares.





"A man doesn't know what he knows until he knows what he doesn't know"