Correct me if I'm wrong but going on memory only the last three conversions were as follows or in this price range and in this order.....0.008/0.0098/0.0093.
If that is correct when compared to your previous numbers total shares coming into market has been reduced significantly.All depends on how much is left on the loan IF ANYTHING.
Using the amount of $60,000(balance of the note), and rounding very slightly(very), and assuming that 3,269,000 shares were already converted, we will subtract that amount:
60,000/.0034= 17,647,000 shares -3,269,000 shares= 14,378,000 shares coming into the market
60,000/.0049=12,245,000 shares - 3,269,000 shares=8,976,000 shares coming into the market
60,000/.0064=9,375,000 shares - 3,269,000 shares= 6,106,000 shares coming into the market
Never buy a stock based on my opinion of that stock.Form your own opinion by doing your own DD.My position on any stock I buy can change without notice.I am not a licensed broker or stock adviser and I really don't know what I'm doing.
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