Replies to post #16412 on Petron Energy II Inc (fka PEII)

[tom56]

Look at it this way
393k total debt . 30m shares given to debtor.
275 k settled for 30m shares given
118k debt left
Does that help..



Your way
30k goes into 275k = 9 times
peii would have issue 270m shares
Which 8k is clear peii issued 30m for 393k debt