My facts are very correct. There is more than $3M in toxic debt that is being converted at .01 or less. Look at public filings. Two year old convertible debt ($2M plus) to Bellridge is likely still outstanding. I doubt that debt holder has converted anything, as it was subordinated to a September debt offering. The debenture holders from last September still have substantial debt outstanding. They are trading daily based upon the volume. But there would be more than 200 Million shares sold for those toxic debenture holders to be traded out.
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