InvestorsHub Logo
Followers 9
Posts 977
Boards Moderated 0
Alias Born 09/30/2009

Re: rocco2 post# 96994

Wednesday, 08/29/2012 4:43:55 PM

Wednesday, August 29, 2012 4:43:55 PM

Post# of 118202
Lots.... smile

I figure the amount left would be around 40,000,000 - 50,000,000 shares.

Since August 1st, representing 21 trading days, 4 days up and 17 days down.

We started August at $0.0100 PPS

Total volume 159,167,332

How I figure it:

$500,000 Note converted around an average PPS of $0.0025 for total shares of 200,000,000. The average I am using is so low based on the VWAP impact. As the price has steadily gone down from the start of August that VWAP is quickly going down along with the discount percentage.

Just my guess.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.