Replies to post #12908 on Marvion Inc (MVNC)

[mike_long]

You're close.
The exercise price is .075.
They can purchase up to 57,000,000 shares (rounded down a bit)

Use this formula for the exact number of shares:

1,660,000 / .029

That's the value of the note divided by the Market Price defined in the Company Note, as of October 1, 2012.

now you understand.