Checked my figures as this still seems very high for the number and $ amount of convertible notes and the convertible security still left to convert, and I gather this money has already been given to the company but is it all spent?
$1.986 million of convertibles
If converted at 0.0017 new shares issued would be another 1.168 BILLION
So I don't know what is worse, the additional shares or the fact they received this money back a while, with the notes it's a good while back.
Plus Lind is adding shares every month until notified that they will cease this, and at what conversion rate?
acreage correct, adding more shares in lieu of the interest component of the notes.
I will leave my subjective comments out of this last part.
GGP Price at posting:
5.0¢ Sentiment: None Disclosure: Not Held
