"IV is entitled to receive that number of shares with an aggregate value equal to the debt amount plus an 8% third-party agent fee, a 3% fee, and reasonable attorney fees, divided by 70% of the following:.."

You can't just take 70% from the average stock price.. one must include the add on's mentioned above.. again you are also overlooking the Attorney "Fees".. the reason it isn't stated with a specific amount is due to the fact that it "Varies" from one company to the next and possibly on one Lawyer to the next.. (but who are we to kid ourselves with "many" Lawyers in this scum swamp of the pinks, continually being proven to be part in known insider enrichment schemes).. I also believe you aren't even close in what your using for the "Fees" figure.. otherwise the "Aggregate Value" becomes significantly higher.. again my focus here is on being realistic and not using figures that people would consider to be rediculous...

RFMK PR's first round raising $700K, let's assume that Tom told the truth..

700K x 1.11 (8% & 3% non-Attorney fees) = 777K

777K x 1.10 (10% Attorney Fees) = 855K

855K divided by the 70% = $1.221 Million (Total Aggregate Value of Shares)

again..

"IV is entitled to receive that number of shares with an aggregate value equal to the debt amount plus an 8% third-party agent fee, a 3% fee, and reasonable attorney fees, divided by 70%.."

As you can see.. when I add in a "Reasonable Attorney Fee" my $1M figure jumps to well above $1.2M

So now you must consider the $1.2M divided by the Weighted Daily Average of the "Five" lowest trading sessions that occur within a $2.5M cumulative and consecutive trading period.

Without going back and showing you "Periods" on the charts, I can't show you exact detail..

the other thing is that this is not an exact science.. so to speak.. as neither you or I has a copy of the agreement from IronRidge/IV.. but the bottom line is these finance agreements only put out enough information to be "legal" and the rest is hidden.. so as not to upset the masses, if people knew what was really going on in these markets.. we'd have a Global Revolution.. for reference.. "OCCUPY".. many know.. but most don't have a clue!

..we have no idea how much "these" Attorney Fees really are, I actually believe I was being far too conservative and I'm confident many others would agree.. who's to say those Attorney Fees aren't say...30% try plugging in 20% for Attorney Fees and watch the 1.2 Balloon Higher~!

...enough on that point!

Also, you have again stated "five consecutive trading days"..

That is not true.. the statement clearly states "Any Five Trading Days" meaning that Ironridge can "choose" the weighted average of the Five Lowest Trading Days that occur during the $2.5M+ Aggregate Trade Value "Consecutive Trading Day Period"..

It is the "Period" from which Ironridge may choose that is defined as consecutive.. and not the "Five Days"... Ironridge takes the Average of the "Five Lowest Days".. regardless of when they occurred, during the trading period...