That chart omits the CONvertible preferred shares that CONvert at 77.78 common shares per one preferred share. There are AT LEAST 4,757,143 CONvertible preferred shares (that we know of - SO FAR) - which equals 370,438,725additional common shares which puts the OS near a BILLION.
AND the chart omits all the CONvertible debt notes that are ~OUTT (that we know of!) - including ones that mature and are CONvertible directly into DaFloat (due to 12 month aging) coming next month and in March.
The REAL latent OS is far over a BILLION common shares already if one counts the 77.78-for-1 CONvertible preferred shares AND the innumerable CONvertible debt notes that we know of SO FAR.
And we know that Rogerspastic has to raise a shit-ton of new munny to cover the OPERATING LOSSES, interest on bank debt, cost for Tucson and Guelph, the $233,000 court judgement AMFE/FUNN owes to a Michigan company per court order, and the "costly" audit finalized in 2Q20. PLUS the ~OUTTstanding $1,487,000 ACCOUNTS PAYABLE that was left over to pay at the end of 1Q20.
Which means MORE deeeply discounted CONvertible debt notes (to JACQUES MORTIMER and MIKE CAMPBELL), more share issuances, more share sales, and more payments for services and vendors made in shares (deeeply discounted to market PPS as they are nott tradeable for 12 months) in lieu of cash.
OUCH!!!
EDIT: I underestimated the ACCOUNTS PAYABLE that AMFE/FUNN owed at the end of 1Q20 - it is $1,487,102. Per my earlier post on the subject:
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