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kennypooh

05/02/17 1:08 PM

#27089 RE: deal guy #27086

"This is likely another source of dilution. It would take a lot of shares to satisfy this liability."

Well said!

I don't think 10 billion will be enough to cover everything? JMHO

Peddler22

05/02/17 3:06 PM

#27094 RE: deal guy #27086

Most of the debt that is being converted was fixed rate at .002 or higher which means for every share issued at .002 it will take 10 shares to cancel the debt at .0002 Conversion started march 31 and creditors are cashing in.