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07/15/14 8:20 AM

#306668 RE: Pointman3d #306662

point: It depends on how you count. About 300 million converted, 5 billion in beneficial share issued by YA to their shareholder. $30 million in debt - again depending on how you count it.

vero

07/15/14 10:16 AM

#306672 RE: Pointman3d #306662

$35M in debt that if converted means:

$35M/0.0006 = 58.3 BILLION shares needed.

and there are still 2 series of shares (Series C and D) that are convertible...so add more to the equation of shares to rain upon the common shareholder.

The 7.5 Billion authorized is only a drop in a bucket.

The outstanding is of no importance. A deluge is in sight.