InvestorsHub Logo
Followers 1064
Posts 103417
Boards Moderated 1
Alias Born 08/05/2005

Re: None

Friday, 07/11/2014 4:02:55 PM

Friday, July 11, 2014 4:02:55 PM

Post# of 6062
This is a very positive 8k guys.. This debt holder paid a 100% premium for 3,000,000 shares.


He could have gotten 6,800,000 shares if the debt was relieved for Market value of .05... Instead he got less than 1/2 that number for .116..


$340,000 / 3,000,000 = .113


I dont know what they were thinking dropping that news with only 10 minutes left in the trading day.. It will get digested this weekend.

Expect an active Monday imo.


Who's ready for football?

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.