Replies to post #15907 on SMA Alliance, Inc. (SMAA)

[I-Glow]

If the TA is gagged and the company isn't a SEC filer - there is only one way to estimate the O/S and that is to look at the convertible notes - look at what has been converted and what is still left to convert.

The Baker Note can only convert 4.99%.

"Pursuantly, the Noteholder can covert such debt into common shares of the Company at the so as not to be a holder of more than 4.99% owner of the Common Stock"

So they are saying that 849,250,000 shares is 4.99%. Here is what is very odd 849,250,000 is 4.99% of 16,985,000,000 shares. As you can see the SMAA management has screwed up big time on the SS.

Although true the last information anyone has is from June as you pointed out. I know you can figure out when the conversions will happen but it's worth asking if anyone knows the current structure verses going through the financials searching for the os plus all the convertible debt. I will do my leg work but the boards are good for simple things like SS. That can save you some time because you may not even want to the leg work if the SS isn't to your liking.

IG

[NYCJR]

from the delaware SOS site
File Number: 717910 Incorporation Date / Formation Date: 6/23/1969
(mm/dd/yyyy)
Entity Name: SMA ALLIANCE, INC.
Entity Kind: Corporation Entity Type: General
Residency: Domestic State: DELAWARE
REGISTERED AGENT INFORMATION
Name: THE CORPORATION TRUST COMPANY
Address: CORPORATION TRUST CENTER 1209 ORANGE ST
City: WILMINGTON County: New Castle
State: DE Postal Code: 19801
Phone: [phone]

SS here is good, this runs out of trips here shortly IMO, good luck to you