Bigstring Corp (BSGC)

[whatsupdoc1]

$1,150,000 of convertible notes remain outstanding and probably at the exercise price of $.015 which could mean more than 75M shares still to come in dilution. But maybe not; on the bright side BSGC could sell 1M - 2M shares of PLPE and be free of these loan sharks. But I doubt they'll want to do any selling much as that would take down the price of PLPE. PLPE is BSGC management's ticket because they gave themselves 2.5M shares each [7.5M total] and also stock options in PLPE ... about 1.2M exercisable at 20 cents.

BSGC has staved off creditors but otherwise gotten nothing from the IPO but a big pump and dump. So far anyway. Things could improve if PLPE prospers and BSGC begins to show some profit or is merged back with PLPE as some have suggested.