Cannon Exploration Inc. (fka CNEX)

[trader_lou]

Someone just posted they need 1.5 million dollars. At the conversion rate of .0001 used in the last two share conversions this would mean that 1.5 million dollars translates into 15,000,000,000 new shares....Yup, that's billions.... Anyone thinking there is a rollback in CNEX's future?

I think you misunderstood. It is not CNEX that needs 1.5 million. It is the amount needed for investors to buy up the float.