daytrading dec 17 morning, page-58

  1. 1,457 Posts.
    Just on the PST convertible notes....Convert Feb 1 2014..

    Bit hard to calculate the conversion rate but at a guess -

    $250k in convertible notes due to be converted ...Originally to be converted in 5 equal tranches of 2,2.5,3,4,6 cents...After the 2 for 1 CR (not all shares were issued) = I'm assuming there is a clause in the notes they will also follow the dilution... So could be now 0.7,.08,1,1.3,2... So divide into $250k and another 215 mil. shares @ 1.15 cents...

 
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