Replies to post #10919 on Intellect Neurosciences Inc. (fka ILNS)

[cablejohn]

On a scale of 1 to 10 a 9. read post 10917 this is an accurate post and all that really mattered in it.

[itwillgetbetter]

I want more haircuts.If they going to drag us way out not feeding us prim rib I want more.

All joking aside this is getting better as we go.

10k 10/15 2.1 million dollars of series C,D convertible preferred converted at .05 cents for (41) million common shares.

10Q 11/19 1.2 million dollars of series C,D convertible preferred converted at .05 cents for (24) million common shares.

65 million common shares issued for 3.3 million dollars of convertible perferred series C,D.

If they would have issued at .01 or less you would be looking at adding another 350 to 500 million common shares to the O/S if not more.

These are converted and can not be ratched down once issued into common.

Then it appears 1.5 million notes owed were also converted 10/31/13 which is included into the total O/S which is 317,715,676.

Something fixing to happen big time.