InvestorsHub Logo

jerry2525

08/07/12 11:32 PM

#50657 RE: Arnold25764 #50649

Converted shares. I like the sound of that and your right, that's almost done and then KA-BOOM my banker will love me.

my2Mustangs

08/08/12 12:50 AM

#50664 RE: Arnold25764 #50649

They still have roughly $800,000 in convertible debt to settle. How many shares at .000058 will it take to settle that $800,000?


The problem is that the payments that were due in March are "past due and in default" meaning that there has been no conversion since Dec. of last year when the BDS LOI was announced.