RE:RE:RE:RE:RE:RE:RE:Results outI had started doing my calculation to try and figure out how the company got to 0.18c diluted but realised they had already done just that on page 10 of the Sedar report.
They basically took stock options unexercised, convertible debentures & exchangeable interest rate liabilty and converting all 3 into shares and added them to the float.
I did not know their exchangeable interest rate liabilty had the ability to be converted to shares also. Maybe they got some deal with another corportation who they borrowed $ from and got better borrowing rate instead of going to bank