So about a billion shares were convertible (plus PL shares) as of Sept 30 Q report. That same Q had 7.7bil shares outstanding. Now there are 10.9bil outstanding. That means about 2.2bil increase. I expect much of the difference will be contractors that were issued Preferred B's that cashed out.
The last time we saw .0008's was around 25 days ago. A good portion of the $270k was likely converted over that time. We will likely see the balance convert over the next week or two. Shouldn't be a lot - maybe $100mil shares.
This would mean that we could be debt free in December. We should get an 8k when they are done with convertibles - or at least a PR as the company should also convert related party straight debt into Preferred C's as soon as the debt is gone.
News 
Market Data 
Discover 
AI
