My figures are bad sorry. Should be .0003 X 80% = .00024 conversion rate $1.6 million CD / .00024 = 6.6 billion shares added to the 3.8 billion already out = 10.4 billion shares
Why are you concerned about that? CD and the like are the hazards of betting on the pinks. It is pretty much old hat news anyway. The point was and is this...Can we still make money here? If yes, hold or add to your bet, If you no longer think so you know what to do...In the end this has always been a risk play. Gotta be able to deal with the perils....