Tuesday, November 20, 2012 12:41:04 PM
anyway for example the last financing,
diluted by 1/4 at a price of $.10.. In other words the price will have to be well above $.10 for the investment company to exercise those shares.. I'd gladly pay for a 25% dilution if the price of the stock is worth enough for that dilution to occur. I'd figure this company would probably wait for the share price to hit $.15 before taking advantage of their .10 entry point.
A/S are not O/S...no dilution...unless option to convert loan to shares is exercised...if so, only 6 milly shares will be added to the Outstanding shares total which currently is at 224 million. The 224 million O/S includes the assumption that the Nov 9 $500K loan will be converted to shares within 6 months. So worst case scenario, we have experienced a 9.5% dilution...at a price for 0,10
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