To follow up on my post here, which of course was what lead to the Authorized Share increase (you're welcome), here are the dilution figures to pay off the RGBP defaulted debt, using the figures I posted last week (in the replied to post).
Per month: 50,322,061 shares
Full payment (5 months): 251,610,305 shares
Koosy had 236,000,000 million available shares to be issued under the old authorization! I find it very fulfilling that the decrease in RGBP price over the last month is what necessitated the A/S increase! If RGBP was over a penny a share, this wouldn't have been necessary! Remember those good old days? The "cheap shares" at 0.01? ;-)
Assuming 21 trading days a month, that would be on average 2,396,288 new RGBP babies (shares) per day!
Folks, THIS is true due diligence, as opposed to reciting patent numbers!
Every damn day will need to find people to pick up on average 2.4 million shares! Might the seller spread it out over more time? Sure, but this will be the general impact. Do you want the band-aid pulled off a little at a time, or all at once? LOL!
Looking forward to the next 6 months here! Wouldn't miss it for the world!
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