Smoky Market Foods, Inc. (fka SMKY)

[ShysterChaser]

On-Topic:

Asher Enterprises hold a note in the amount of some $32,000 which is a floorless debenture that can be converted to common shares at a discount. The option to exercise that conversion is approaching.

At today's current prices, how many of shares of stock is Asher Enterprises entitled to claim should it decide to completely convert its note with a face value of $32,000?

My scratching indicates that Asher Enterprises could convert its $32,000 note into approximately 10,666,667 shares. Does smky have over 10 million shares available for the conversion at today's prices? I would guess that smky has a requisite number of common shares available for Asher to convert its $32,000 note into common shares. All IMHO.