Monday, November 30, 2009 9:30:26 PM
If you redo your math you'd see that 1000 to conversion on 20,000,000 shares is not 2B but 20B. That is insane, and will never be. Not even most trip z's have 20B outstanding.
So assuming that I'm right, which HAS to be the case (not because I'm smart but because the math makes more sense), that would put the series A at 250M after conversion and series B at 40M after conversion. That brings us closer to home.
I going to try and contact them on this matter.
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