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janice shell

05/21/18 2:39 PM

#4228 RE: pb_trading #4227

It seems to me likely it's higher now:

On February 5, 2018, Auctus converted 21,111,700 shares of common stock for a principal amount of $4,020 and accrued interest of $202. Additional penalties of $15,000 were assessed for the transaction and $15,000 for maturity date penalties. On February 16, 2018, Auctus converted 23,262,900 shares of common stock for a principal amount of $2,635 and accrued interest of $156. On February 27, 2018, Auctus converted 24,423,700 shares of common stock for a principal amount of $2,793 and accrued interest of $137. On March 13, 2018, Auctus converted 29,921,600 shares of common stock for a principal amount of $2,244 and accrued interest of $149.

On February 8, 2018, EMA converted 22,000,000 shares of common stock for a principal amount of $3,100. On March 1, 2018, EMA converted 24,000,000 shares of common stock for a principal amount of $1,770.


https://backend.otcmarkets.com/otcapi/company/sec-filings/12646527/content/html

As you can see, even very small amounts of debt convert to tens of millions of shares of stock.