Replies to post #59202 on PPJ Healthcare Enterprises Inc (PPJE)

[luckydude777]

Thought so. I just started watching this today, so new to it. Thanks much for responding back. Have a blessed evening.

[Det_Robert_Thorne]

First $50K could add 714.3M shares

Per the PPJE PR, the first $50K note can be converted at any time, at 70% of the low.

Taking conversion "at any time" literally, then much of today's selling at $0.0001 could have been conversions made at $0.00007.

Converting $50K at $0.00007 results in 714,285,714 shares added to the OS.

I would expect that future tranches from GPL will be priced at 70%, or lower.

Which is why Basu won't lower the current AS from 20B until after the next reverse split.