I don't think thats right opm2010.My understanding is that those...

I don't think thats right opm2010.

My understanding is that those 6 convertible notes have been converted into 2,184,524 shares at a rate of 14 cents per share (which is actually $305,833).

The company actually hasn't banked any money (pre existing con notes) and we now have an extra 2,184,524 shares which I presume will be dumped on market as soon as tomorrow.

There are now 66 convertible notes left that I presume represent another 24,029,764 shares at some stage to come onto the market.