Yes, please Mr. D. Please let us know how many more shares your folks will be selling. According to the chart below they should be in possession of quite a few shares by now. We all know they will be looking for buyers here at the SI for many of them so that they can get their original investment back and then a free ride with a majority of TSIG's shares then in their possession. This for those that haven't figured it out is called massive dilution.
TSIG has used at least $3,000,000 and is now planning to take another $2/3,000,000,000 out of the original $10,000,000. The longer it takes RG to show a profit the greater percentage of the company your group will own... right? How long have you known Mr. Gordon? Were you the person who introduced Mr. Gordon to Darrel Piercy? I understand that Mr. Piercy is still working for RG. Wonder why?
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Price Conversion Yield in Common Shares for every $1,000,000 of Debt Price
0.125 0.0875 $1,000,000 11,428,571 0.12 0.084 $1,000,000 11,904,762 0.115 0.0805 $1,000,000 12,422,360 0.11 0.077 $1,000,000 12,987,013 0.105 0.0735 $1,000,000 13,605,442 0.1 0.07 $1,000,000 14,285,714 0.095 0.0665 $1,000,000 15,037,594 0.09 0.063 $1,000,000 15,873,016 0.085 0.0595 $1,000,000 16,806,723 0.08 0.056 $1,000,000 17,857,143 0.075 0.0525 $1,000,000 19,047,619 0.07 0.049 $1,000,000 20,408,163 0.065 0.0455 $1,000,000 21,978,022 0.06 0.042 $1,000,000 23,809,524 0.055 0.0385 $1,000,000 25,974,026 0.05 0.035 $1,000,000 28,571,429 0.045 0.0315 $1,000,000 31,746,032 0.04 0.028 $1,000,000 35,714,286 0.035 0.0245 $1,000,000 40,816,327 0.03 0.021 $1,000,000 47,619,048 0.025 0.0175 $1,000,000 57,142,857 0.02 0.014 $1,000,000 71,428,571 0.015 0.0105 $1,000,000 95,238,095 0.01 0.007 $1,000,000 142,857,143 0.005 0.0035 $1,000,000 285,714,286 |