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Ace of Spades

07/25/06 3:56 AM

#13732 RE: Cheesofriezzz #13731

12,000,000,000,000
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Mojocash

07/25/06 4:13 AM

#13733 RE: Cheesofriezzz #13731

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DrDiamond

07/25/06 3:43 PM

#14240 RE: Cheesofriezzz #13731

This is only my opinion and off the top of my head. I would suggest doing your on calculations before being convinced of anything as being proof positive.

To attempt to answer your question as to the maximum O/S at this time:

Seeing that the convertable debentures can be converted back at a 1 for 10 rate or at the .01 price then the 27 billion becomes 2.7 billion plus the 3 billion (remaining 10%) leaves 5.7 billion minus anything that may have been retired.

The 30 trillion preferred shares have to be covered by both common and preferred as they are convertable as well. These numbers should be changing as time goes by (Year by year).

30 trillion preferred is equivalent to 3 billion common. Seeing that they are covertable then we could have an O/S as high as 5.7 billion plus 3 billion = 8.7 billion common shares.

The preferred shares would decrease as they are converted to common and the common would increase. The CD's whether converted or not will affect the totals as well. My calculations would see a maximum O/S of 8.7 billion unless they do something else to increase that number.

JMHO. I ask that you treat it as such.

Dr.D