They begin conversions on October 4th. Since that time the stock has traded about 90,000,000 shares at an average of about .0045 which totals about $400,000 in volume which is a pretty good indication the note is almost completed. Based on recent trading, it is done.
The CURRENT O/S is 131M as of 9/28 This note of $190K equates to about 47,000,000 shares to be diluted into the market at current prices which then leaves us at around 180,000,000 O/S POST dilution. After this Final note is done, they are debt free and have NO MORE DILUTION!
Our CEO Tim Peabody was the CEO of ACYD which also did a R/M JUST like SRMX did!! That stock eliminated debt THEN RAN FOR 3,000%... This CEO is the real deal and has already proved he has what it takes to run a stock huge.. Below is a link discussing our current CEO back when he was with ACYD and a chart below showing the run.. Once this last note is completed, which is any day we are ready to bust a HUGE move!!!
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