InvestorsHub Logo
Followers 35
Posts 7503
Boards Moderated 0
Alias Born 02/15/2012

Re: turokman post# 33658

Tuesday, 06/26/2012 11:36:18 AM

Tuesday, June 26, 2012 11:36:18 AM

Post# of 80868
Didn't see anywhere that said....no expiration...just wondering if existed??

Here is what I was trying to understand better:


The Company has the following common stock equivalents at March 31, 2012 and

2011 respectively:

2012 2011

Stock options (exercise price - $0.50/share) 1,617,500 2,767,500

Warrants (exercise price $0.002- $1.50/share) 72,096,327 16,310,000

Convertible debt (exercise price $0.002- $0.02/share) 2,100,000 46,504,410

Total common stock equivalents 75,813,827 65,581,910

In the above table, some of the outstanding instruments from 2012 and 2011

contains ratchet provisions that would cause variability in the exercise price