Fuse Science, Inc. Message Board

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Microcap & Penny Stocks : Fuse Science, Inc.

DROP 0.00300

-14.3%

Nov 3 1:54 PM EST

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From: straight-->arrow	12/4/2013 11:49:37 AM
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The most recent 8K is a summary of all of the exchanges that were conducted both in the financing round and in subsequent 8Ks where Fuse noted that additional shares have been exchanged. The shares are not in addition to the outstanding shares. The significant change is the elimination of an extremely punitive warrant at a higher price that controlled and eliminated Fuse's ability to properly raise required capital without a much more dilutive impact to shareholders. This transaction now eliminates this problem for good and enables Fuse to move forward against their critical strategic imperatives. If Fuse had not exchanged the warrants, the anti-dilution protection clause in them, it would have required Fuse to issue over 400,000,000 additional warrants at a greatly reduced exercise price. Currently there are 375,220,364 shares outstanding. Main Office: (305) 503-FUSE (3873) IR: (305) 503-3873, ext. 2 Fax: (877) 212-7907 6135 NW 167th Street

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