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Y U Axing Me

04/30/13 4:36 PM

#91896 RE: ironcondor #91891

I saw that!!!

Hmmmmm....

Conversion of $800,000 debt into 1,000,000 Preferred C shares:

1,000,000 Preferred C convertible into 80,000,000 common shares.

80,000,000 common shares * $.028/share = $2,240,000

Nice.....for the holder!!! Turn $800,000 into $2,240,000 instantly. Gotta love that!!!