We also are getting $100 million in revenues in 2014 compared to nothing last year, Mesa did not come for free.
Even if the 500,000,000 shares were all diluted at once, PPS would be around .20 Cents in regards to revenues.
But Pharmacy Development Corp. would be stupid to convert at these levels, they have 20 years to do it... If it was me, Id wait till PPS is much, much higer :)
Increases the number of authorized shares of Common Stock to number of shares sufficient to provide for the conversion, if demanded, of all authorized shares of preferred stock, all outstanding warrants, options and convertible debenture, if any.