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imjtw2u

09/05/17 2:14 PM

#51114 RE: mw78 #51112

thats how it always goes, example: 5000000 shares, r/s 1/1000 = 5000 shares. pps @ $.30 ---- after 1 month or 2 if lucky pps is now $.0001
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Mondragon

09/05/17 3:18 PM

#51115 RE: mw78 #51112

Prior to the date hereof, Critichas issues a warrant to Saint James Capital Management, LLC (“Saint James”) to purchase 5,000,000,000 shares of common stock at $0.0003 per share (the “Saint James Warrant”).

Post-Closing Capitalization.
The Saint James Warrant shall remain effective, pursuant to which Saint James shall have the right to purchase 5,000,000,000 shares of Common Stock at $0.0003 per share.



So yeah, it looks like they actually have to buy the shares at .30 (post split). So if they dumped it to .01 John would lose quite a bit of money.
I think that he was expecting this to blow up, so he could convert and dump for huge profits. If the price doesn't rise above .30 I bet he renegotiates a discounted convertible feature.