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George1234

01/27/16 8:06 PM

#6030 RE: ChuckBits #6029

Very good details.
How many units in total will be converted to shares? What will be the final count of shares if they exercised tomorrow?

BlindSquirrelFindsNuts

01/27/16 8:42 PM

#6031 RE: ChuckBits #6029

Math really makes my head hurt but I'll try a little here! Based on the numbers you shared a Monday conversion at .11 would carry a value of $6.15 today(205 x .03)give or take. So you basically had to buy units below $6 and still be holding those to be in the money right now? Looks like a lose-lose proposition moving forward and lower each day unless there is one hell of a pump coming!

Any idea what your brokers fees will be when and if you file the paperwork to sell those shares and convert warrants? Added costs may keep some from cashing in the warrants?

Clear as mud!!!!!!