Replies to post #36779 on World Moto Inc (fka FARE)

[cayman_west]

But...if memory serves me, the debt financings have anti-dilution clauses so FARE would need to see them blow out their convertible debt first. (this is happening now)

Need to look at notes again.

Either way, 10 million on the new O/S sounds right. Look for a big authorized number though. Probably 500mm.