Ozzy2662, I am not an expert in this, so hopefully Borris… can give answers, although I think Odyssey99 might be more clued in on this.
Someone will correct me if I am wrong or have misread things.
It appears there are 45 more convertible notes @ .001c with free options attached @ .001c Assuming 25,000,000 shares per note and 25, 000,000 options (I hope I have misread this) that’s a lot of shares.
The substantial holder Meadmore (Dentos) was a director of MMZ, I don’t know if he quit, jumped or was pushed. He (Dentos) has a large holding in both MMZ and ESN. Maybe you should look at the MMZ thread.
I am still undecided about ESN as an longer term investment, as previously noted my concern is not with ESN’s potential (huge) or business model, I am concerned about who is pulling the strings? The question of “mates rates” needs to be answered because if I remember correctly they are also paying someone 15% interest.
ESN Price at posting:
0.6¢ Sentiment: None Disclosure: Not Held