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tchalla

09/24/09 8:15 PM

#2076 RE: pennyinvestment #2075

are you serious? that would equate to more than 1.2 billion shares to satisfy such a note as these levels.
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Pro-Life

09/24/09 10:15 PM

#2113 RE: pennyinvestment #2075

Yes, here is the ONLY mention of what you were questioning (one might add that there is no other credible source of this either... if it is not in the official public domain, it does not exist) -

Posted by: bababooyah Date: Wednesday, September 23, 2009 4:55:26 PM
In reply to: Masked Superstar who wrote msg# 1546 Post # of 2112

Only $7.9 million in convertible notes. At a conversion price of .005 that's only 1.58 billion shares of dilution.

Anybody know the terms of the convertible notes?