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Det_Robert_Thorne

08/19/16 9:32 AM

#5897 RE: jmallen #5896

That 1M was just the first $275K.

The additional 1M shares by the end of 2016 was just the first $275K that will be elligible for conversion between Nov 26 and Christmas.

After Christmas, another $275K will be elligible to convert, followed by another at the end of January, and so on.

Each batch will push the price lower and the number of shares per batch higher.

When the price dips to $0.25, and with a conversion price now at a 40% discount, the notes will convert at $0.15, so a conversion of $275K will add 1.8M shares.

At a $0.20 market price, the conversions will be at $0.12, so the next $275K will add at least 2.3M shares.

The OS will be growing much faster than revenues.

When CA legalizes, the price of CBD from hemp will continue to fall, because people will be able to legally get cheaper CBD from marijuana.