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Intellect Neurosciences, Inc. Message Board

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  • da.profit93 da.profit93 Mar 13, 2011 10:14 PM Flag

    STUDY THE LANGUAGE IN THE SHAREHOLDER UPDATE

    so let me get this straight if the notes get converted at .0025 it's 4billion shares of dilution but since they changed that to .001 it will be more like 10billion shares of dilution to covert those notes plus the 2 already authorized will make this a 12billion share stock ? is that right?

    ILNS Total current assets $308,049 as reported to the SEC does this mean that the company assests are worth $300k ? so it may be almost safe to say that even at .0001 it's over priced

 
ILNS
0.0080.000(-2.44%)Jul 29 3:50 PMEDT

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