Replies to post #43593 on Rogue One Inc (fka ROAG)

[natman89]

We already knew on 11/21 that it was at 51,650,617 with 5,178,316 restricted

[BigJuan]

We know where the OS increase came from and that was conversion of shares cleaning up inherited toxic financing. This handled all post RS while maintaining PPS for shareholders as PPS is still up 100% post RS. This was expected as they have been transparent about all of the debt and notes outstanding. 10Q shows some progress on cleaning up debt structure to move FPFI forward, JMO!

As well they paid off one note in full before it could be converted and they obtained a note along with restricted share sale.

On April 6, 2013 the Company executed a promissory note for $27,500. The note bears interest at 8% and is secured by common stock of the Company. The loan matures January 18, 2014. The note can be converted in to common stock 180 days after issuance. The note is convertible into common stock at a discount from the lowest trading price for the 90 day period prior to the conversion date. The discount rate is 60%. On September 30, 2013 $3,450 of the face amount of the note was converted into 539,063 shares of common stock of the company. The remaining balance of the note was repaid during October 2013 with cash.

On September 26, 2013 the Company executed a promissory note for $75,000. The note bears interest at 6% and is secured by common stock of the Company. The loan matures March 26, 2014. On September 30, 2013 the note was converted into 3,846,154 shares of common stock of the Company. The note also provided for the purchase of 4,000,000 shares by execution of a warrant agreement. The agreement expires two years from the date of the note. Under this agreement shares can be purchased for $0.02 unless the Company sells stock at a price below that level. Should this occur, the warrant purchase price shall be reduced to the lower selling price. The Company has recorded a derivative liability due to this provision. The Company used the Black Scholes Method to value the derivative liability with the following assumptions: Risk Free Interest rate of .001, volatility of 720%, and an assumed dividend rate of 0%.

Would make sense for Company to maintain a PPS of .02 or greater.

THE POTENTIAL OF WANTING TO MAYBE GET PPS BELOW .02 FOR CHEAPER PURCHASE BASED ON ABOVE MAKES RECENT ACTIVITY INETERSTING OF LATE -- JUST AN OBSERVATION, HMMMMMMMMM??????