Premier Brands Inc.(fka BRND)

[74stingray]

I see the 10Q confirmed exactly what I expected. The company was hiding and delaying the worse kind of news.

All of the next year will be plagued with huge dilution, possible upwards of 2 Billion. This will never get off the ground with all the Convertible Debt that has to be paid off. Way to much of it issued.

Basic net income (loss) per share amounts is computed by dividing the net income (loss) by the weighted average number of common shares outstanding. Common stock equivalents have not been included in this computation since the effect would be anti-dilutive. Such common stock equivalents totaled approximately 1,923,028,107 common shares potentially issuable upon conversion of convertible debt.