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Poptech

07/17/13 3:38 PM

#291803 RE: junior57 #291798

junior: $0.50
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RisknReturn

07/17/13 3:41 PM

#291804 RE: junior57 #291798

Junior, the conversion rate in April and May 2013 per the Form 10-Q was $0.000489 per share. In June and July, PPS continued to drop and I believe the average conversion price is currently about $0.0004.

Post-split that would translate to $0.68 per share. Keep in mind that the conversion rate will continue to reset lower as PPS drops in the future.