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Taking Allan Buckler as an example...His loan amount is...

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    Taking Allan Buckler as an example...
    His loan amount is $2,570,000
    Divide his loan amount by .003 (assuming my calculation above is correct) to calculate the number of shares = 856,666,666 shares
    Since he is only receiving 352,110,392 shares in this latest announcement, the value of his new shares @ .003 (352,110,392 x .003) = $1,056,331
    $2,570,000 minus $1,056,331 = $1,513,669

    Check my figures please as I was wrong once. smile.png

 
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