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Re: CRASSUS post# 284038

Tuesday, 02/05/2013 2:12:48 PM

Tuesday, February 05, 2013 2:12:48 PM

Post# of 326354
The conversion price is currently in the range of $.0012 per share.

Last disclosed debt is $39.3 million and preferred stock is about $5.2 million. These balances would have increased by accrued interest at about $400k per month and reduced by conversions which we will not know until the 10-K is filed.

YA is diluting like crazy right now IMO. Converting debt into shares at $.0012 and selling at a nice 25% or more profit.