RE:$1000 debenture= 2222 shares+2222 warrants=4444 in totalIt works like this They buy this debenture 1000$ that comes into effect at .45 they get : 10% interest a year for 3 years and 2222 warrants at .65 This will add 33mil shares or so when converted. Todays price will reflect the future dilution. Best case scenario for us is that it stays halted till it fills. And they release awesome news and then resumes. but more likely today will suck balls!
mingzhu wrote: $1000/4444=0.225 per share. is this calculation correct?
if it is right, debenturebuyers get shares at 0.225