Replies to post #19296 on Tonner One World Holdings Inc (TONR)

[Odessa99]

Useful to know, Voices of Reason. Thank you for this reply. What looks most disconcerting to me, for example, are notes like the one for $150k, with a stated share conversion price of .0025. That one note, if converted under those terms, has the power to single handedly send the OWOO share price deep into sub penny territory.

As always, simply my opinion.

The derivative liability is adjusted periodically according to the stock price fluctuations and was $1,898,798 at June 30, 2014.

At June 30, 2014, the convertible debentures and related accrued interest payable were convertible into approximately 167,035,000 shares of common stock.

Stating this another way, as of June 30, 2014, the average weighted price of the convertible notes was $1,898,798 / 167,035,000 share = $0.0114/share.

The convertible notes are based on a variable discounted conversion rate. On June 30, 2014, the share price was trading at $0.0349/share. Therefore, one can calculate the approximate conversion rate discount as follows: $0.0114/$0.0349 = 32.57%.

In order to figure out the quantity of possible convertible shares based on the current price (instead of June 30), one would calculate as follows:

32.57% x current share price $0.0165 = $0.0054/share discounted conversion price

Total potential convertible shares = $1,898,798 / $.0054/share = about 353 million shares. One would have to subtract the notes already converted (or paid off with the $9k in doll proceeds) between June 30 and present day. This amount is likely relatively small due to the available notes that are eligible for conversion not beginning until after this month.

OWOO

[sampa]

Impressive! Thanks Voices of Reason.