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Re: None

Tuesday, 02/12/2013 1:48:19 PM

Tuesday, February 12, 2013 1:48:19 PM

Post# of 24254
ON-TOPIC:

We are to understand that Asher Enterprises also holds a note in the amount of some $40,000. That floorless debenture can be converted into common shares of smky stock at a discount. That note is not quite eligible for conversion today, but it will soon be ripe for conversion.

At today's prices, how many common shares of smky stock would Asher Enterprises be able to claim when and IF it decides to convert its debt paper? My guestimate would be that Asher could claim as many as 13,333,334 common shares by converting its second note in the amount of $40,000.

Does smky hold a sufficient number of shares to accommodate the Asher conversions? Probably. All IMHO.

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