Blue Calypso Inc. (fka BCYP)

[LOL]

Be careful here BCYP, they just issued 20,000,000 shares for 3c each! That's probably what's hitting the float now. Plus all the other options, warrants, ect.

On April 29, 2013, Blue Calypso, Inc. (the “Company”) entered into a series of agreements with the holder (the “Holder”) of its 8% Senior Secured Convertible Debentures (the “Debentures”). The Debentures were due on November 30, 2012. As of April 29, 2013, the aggregate amount outstanding under the Debentures, including all accrued and unpaid interest and fees, was $600,000. Pursuant to Amendment No. 1 to 8% Senior Secured Convertible Debentures (“Amendment No. 1 to 8% Debentures”), the conversion price of the Debentures was amended such that the aggregate amount outstanding under the Debentures will be convertible into an aggregate of 20,000,000 shares of the Company’s common stock (the “Conversion Shares”).

b)
Conversion Price . The conversion price in effect on any Conversion Date shall be equal to $0.03 per share , subject to adjustment herein (the “ Conversion Price ”).