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WithCatz

07/30/15 9:46 PM

#430890 RE: mypenneys #430888

Mrpenney -- that's why I clarified the 0.7% is "zero point 7 percent" and also gave the decimal equivalent for calculation of .007

All three are the same number.

It's 1.4m shares being distributed. Across all holders at "time of bankruptcy exit"
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Evintos

07/30/15 9:49 PM

#430891 RE: mypenneys #430888

For percentages, you multiply with a decimal. The calculation is apparently 0.7% (or less than 1%)

100% = 1
99% = 0.99
10% = 0.10
1% = 0.01
0.7% = 0.007
etc.
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0.7% of 27,000 shares is 189 shares

0.007 x N = Y

Where N is the amount of shares you initially received at conversion rate and Y is the amount you will likely receive from distribution of the 1.4 million Disputed Equity Escrow.
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Or you can use this formula

1.007 x N = X

Where N is the amount of shares you initially received at conversion rate and X is your total amount you hold (assuming you didn't sell any shares after conversion and after distribution of the 1.4 million disputed equity escrow).