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Message: Re: Shares out reflect debenture conversion...almost
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Icon president Shares out reflect debenture conversion
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Lunch Meat
Nov 09, 2009 10:37PM

Assuming a weighted average of about $1080(1083 and 1077) payout per $1000 of principal, $9.944 million in principal translates to about a $10.736 million payout.

With a $1.40 conversion rate and assuming everyone and their dog converts, that adds another 7,668,571 shares to the mix.

Well it's close

~7,668,571

-6,074,072

~1,594499 - it's better than 30 million

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Icon president Re: Shares out reflect debenture conversion...almost

rookieprospector
Nov 09, 2009 11:13PM
Icon president Re: Shares out reflect debenture conversion...almost
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Lunch Meat
Nov 09, 2009 11:57PM
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