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Ultimaratioregum

07/15/15 3:38 PM

#15218 RE: smallstockinvestor #15210

Between June 1, 2015 and July 10, 2015, the Company issued an aggregate of 333,342,240 shares of the Company’s common stock upon conversion of $484,724 of convertible notes principal and interest. The issuances did not result in any proceeds to the Company as the funds were received upon the original issuance of the underlying convertible notes.



Thats an average conversion price of .0014


Looks like there is still at least another $2 million is current convertible debt on the books...

If they had a.05 share price it wouldnt be a big deal. At current pps it is very concerning. All of the problems OSLH has are a direct result of management's inability to maintain the market for their stock... IMO