Yes. I do understand the current O/S is 95 mil. My assumption is all the notes holders converts all the shares it will be close to 1.6 bil. Remember, they don't need even to register before selling also. They can sell it at their own will and wish. If they reprice the conversion to 0.005 means 12.8 billion shares. Not that all of them are considered O/S on day one but eventually we get there without you and me knowing it bcz they are excluded from SEC registration filings..... JMHO
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.