InvestorsHub Logo
icon url

Leonitus

08/23/15 5:42 PM

#4914 RE: vapork #4912

The units CONTAIN 40 million shares. That's already out there just under another listing, but they are common stock shareholders just like you. In addition, there are 80 million warrants at a BARE MINIMUM there will be 120 million shares coming to the market AFTER 6 months. The real kicker is that the warrants reprice as the stock goes down. So... If the stock is at .50 in 6 months, then there will be 174,400,000 shares coming to the market from the warrants. It's conceivable hat much much more shares will convert if the stock price is lower.

If you like this company, then buy the units, NOT the common. The units are much higher on the cap table. They only have advantages. There's no reason at all to buy common.