Replies to post #12534 on Puget Technologies Inc (PUGE)

[stervc]

[SMART MONEY], why I changed my OS thoughts...

That's what I had initially done within this post yesterday where I stated below about the OS for PUGE being somewhere between 2.1 to 2.3 billion shares:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=158896405
Per the 8-K, the last conversion for shares was done on 10/27/2017. The volume is from those overhang of shares being sold from years ago and transitioned into the hands of new investors. If I had to guess, by adding up the old notes that were issued into shares back then and by what the OS was per their SC-13g, I believe the OS is probably somewhere in the area of 2.1 to 2.3 billion shares of which I believe a good portion of that has been absorbed given yesterday's and today's volume.

However, after going back to kill some more brain cells on it, I realized that the 683 million OS amount posted by someone had to logically take into account all of the shares for the convertible debentures since the last one was done back in 2017. I realized that we couldn't just arbitrarily remove them or act as if they didn't exist and were not already issued for the past nearly three years. This is why I think that there was a misinterpretation for what was stated or said during that conversation that was posted.

That's what led me to rethink the derivation of the numbers to come up with thinking that the OS is somewhere in the area of 1,525,514,864 shares based on what I posted below:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=158925323

I could be wrong on how I am looking at things, but this is how I see things with the OS for now unless someone can explain something else that legally and logically makes more sense.

v/r
Sterling