RE:More Dilution... The math on this represents an increase in share numbers if ALL the debentures were converted of 3% of the current number of outstanding shares. Whether that's significant dilution is certainly a matter of opinion. The warrants represent the same number of shares (3%) but at an exercise price of $.30. Warrants are unlikely, for obvious reasons, to be exercised until the sp is significantly above $.30.
The true value of the stock, as represented in the sp, will be based on two things, the growth of the company including stages of uplisting and a decline in manipulation that tends to be inherent in the trading of many stocks ....penny or otherwise.
Shlinker_ wrote: Exercisable at 0.20? Ouch. Again with the true value coming out.