InvestorsHub Logo
icon url

IBurnPurpleKush

05/28/14 10:33 AM

#166291 RE: YazM #166290

$58,106,263-$232,425,054 WORTH OF SHARES GIVEN TO DEBENTURE DEBT HOLDERS. ALL OF THE DEBENTURE DEBTS HAVE BEEN CONVERTED AT 0.0004-0.0013 SO FAR. THEY HAVE A LOT MORE DEBENTURE DEBT THAT CONVERTS AT THE 18 MONTH LOW OR 360 DAY LOW + THEY GET A 50 PERCENT DISCOUNT WHEN THEY CONVERT . THAT IS WHY I BELIEVE ERBB WILL CONTINUE TO DROP LONG TERM. MORE SHARES CONVERTED = MORE DILUTION. GLTA

GO TO PAGE 12-17.

https://www.otcmarkets.com/financialReportViewer?symbol=ERBB&id=120695

During the quarter ended June 30, 2012, a total of 206,414,686 common shares were issued in settlement of
$265,191 of principal and $1,008 of accrued interest on three outstanding debentures of the Company.

265,191 ÷ 206,414,686 = 0.0012847487

During the quarter ended September 30, 2012, a total of 220,238,267 common shares were issued in settlement of
$115,553 of principal and accrued interest on four debentures of the Company.

115,553 ÷ 220,238,267 = 0.00052467267

During the quarter ended December 31, 2012, a total of 635,000,000 common shares were issued in settlement of
$310,082 of principal and $39,343 of accrued interest on four outstanding debentures of the Company resulting in one
of the debentures being paid in full.

310,082 ÷ 635,000,000 = 0.00048831811


During the quarter ended March 31, 2013 the Company paid down $314,700 of debentures payable along with
accrued interest on the debentures of $29,050 under five separate conversion notices with the issuance of
625,000,000 common shares.

314,700 ÷ 625,000,000 = 0.00050352

During the quarter ended June 30, 2013 the Company paid down $85,410 of debentures payable along with accrued
interest on the debentures of $14,278 under three separate conversion notices totaling the issuance of 181,250,000
common shares.

85,410 ÷ 181,250,000 = 0.00047122758

During the quarter ended September 30, 2013, the Company issued 14,471,743 restricted common shares to its
directors for services valued at $70,635, 216,514,545 common shares to retire $117,500 in outstanding debenture
debt and accrued interest and 2,832,552 restricted common shares valued at $10,000 for consulting services.

117,500 ÷ 216,514,545 = 0.00054268871

During the quarter ended December 31, 2013 the Company paid down $211,396 of debentures payable along with
accrued interest on the debentures of $36,104 under four separate conversion notices totaling the issuance of
450,000,000 common shares.

211,396 ÷ 450,000,000 = 0.00046976888

During the quarter ended March 31, 2014, the Company issued 370,895,682 common shares to retire $203,993 of
debenture debt and accrued interest to various debenture holders.

203,993 ÷ 370,895,682 = 0.00055000101

370,895,682+
450,000,000+
216,514,545+
181,250,000+
625,000,000+
635,000,000+
220,238,267+
206,414,686

=2,905,313,180 shares

2,905,313,180 x 0.02 = 58,106,263 MILLION DOLLARS

2,905,313,180 x 0.04 = 116,212,527 MILLION DOLLARS

2,905,313,180 x 0.08 = 232,425,054 MILLION DOLLARS.

icon url

JOSEARTIC

05/28/14 11:06 AM

#166306 RE: YazM #166290

IS dlny?