Replies to post #1632 on Bigstring Corp (BSGC)

[whatsupdoc1]

$1,150,000 of convertible notes remain outstanding and probably at the exercise price of $.015 which could mean more than 75M shares still to come in dilution. But maybe not; on the bright side BSGC could sell 1M - 2M shares of PLPE and be free of these loan sharks. But I doubt they'll want to do any selling much as that would take down the price of PLPE. PLPE is BSGC management's ticket because they gave themselves 2.5M shares each [7.5M total] and also stock options in PLPE ... about 1.2M exercisable at 20 cents.

BSGC has staved off creditors but otherwise gotten nothing from the IPO but a big pump and dump. So far anyway. Things could improve if PLPE prospers and BSGC begins to show some profit or is merged back with PLPE as some have suggested.

[rlinterests]

Bigstring gave up 2 million shares of Peoplestring stock in exchange for all warrants being cancelled and a 2 year extension on the notes due.

All warrants, or, remaining warrants that have not been exercised?

$1,150,000 of convertible notes remain outstanding and probably at the exercise price of $.015 which could mean more than 75M shares still to come in dilution.

We still have debt, give up 2 million shares of PLPE to warrant holders, and have seen the OS shares increased by 30 million shares

30 million shares have been added to the OS in the past few weeks which at an average price of $.03 would net $900,000.00. Almost enough to pay off the convertible notes. So,where did the cash received for the 30 million shares sold go to?