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alexbh2285

06/20/17 11:34 AM

#23850 RE: KingMidasAu #23849

Well, at $.0008 and $6MM of convertible debt that would be about 15 Billion shares for debt holders to convert and sell in less than a year so good luck getting the $12MM (or $15MM if you're taking out 0010s) in funds to take all of that out. IMHO the $12MM+ could be better spent elsewhere.