InvestorsHub Logo
Followers 923
Posts 48305
Boards Moderated 0
Alias Born 07/22/2008

Re: None

Thursday, 06/02/2011 10:35:58 AM

Thursday, June 02, 2011 10:35:58 AM

Post# of 183829
"NetCapital.com LLC has completed a conversion of debt into common stock. NetCapital converted $148,522 of debt into 594,088 shares of common stock, a conversion rate of $.25 per share."

Well, there's $148,522 of debt erased from the balance sheet. NICE! Get that balance sheet loooooooking goooooood!

And, of course, the shares won't hit the market/float until well above $.25. Maybe $.56? lol...