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Re: silencedogood2011 post# 75583

Thursday, 04/28/2011 10:58:17 AM

Thursday, April 28, 2011 10:58:17 AM

Post# of 76867
250k and all of SEVA's CD's were either at 50% to 70% of lowest previous 10 day prices which means they convert at .50 or .70 per dollar owed.

So, figuring even at the 70% rate (70% of .0001 = .00007 conversion rate)

$250,000 divided by .00007 = 3,571,428,572 shares needing to be diluted to pay this off (just a small $250k CD)

And if it is one of the cd's that are at 50%, then you're looking at an even 5,000,000,000 shares diluted