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Ignatius J. Reilly

03/27/17 9:58 AM

#48364 RE: cableguy #48357

This new development is interesting with the change in OS and AS.
AS reduced by 64% and at same time OS increased by 800M so that both are essentially the same...
What does that mean for shareholders?
It seems to indicate that there were 800M notes converted into OS, which seems about right after watching the trading. If that was the elimination of all debt there would need to be an average PPS of .00049 of the shares sold, which also seems right.
So now, if and when there is a new development and new hype here, does this finally move without restriction from convertible debt?
Does this mean that any future conversions or dilution is currently impossible due to the OS and AS being the same??