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Service Team, Inc SVTE
Posted On: 12/15/2016 11:55:04 AM
Post# of 417
Posted By: finna_make_gains
lastly I added all the notes up and amortized them for the ones that are coming due. with a conversion price of .009, 50% of lowest price, the total reflected a number close to 93 million. which is the share added since aug.31st, I am thinking all the notes have been paid off that were reflected on the 10-k even the ones issued in July. Unless more was added but I do not see why they would need to add more Convertible debt since they had cash on hand.

the total shares to be issued for the notes due = 108 million from the convertibles but they varied because I used august numbers for conversion share price was much cheaper at that time.













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