I agree Smokey that anticipated CD share conversions are baked in to today's PPS; any reasonable investor who's read the financials would try to include this in their DD. They would find it a challenge to figure what's correct with the real number of shares with the information available.
The recent 50% growth stated may NOT equal the growth in number of shares! We need an understanding of the notes details and/or renegotiate them ASAP. If we were able to borrow enough for completed pay-off, what might that save us? Wouldn't you think that a $600,000 private placement, selling shares @ a discount at the avg of the last 4 weeks closing be doable?
The name/symbol change is mostly of concern to me because they've made it a big deal and can't/haven't delivered, This reflects on Ballas and our team!
If we knew that we had 285,000,000 shares outstanding with NO convertible notes, a completed name/symbol change, and clear direction of a $8,000,000+ revenue and $1.6 mil in profits, wouldn't we all purchase more shares and a whole new group of investors would tear down our doors to participate?