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Re: Kreed2006 post# 128589

Tuesday, 07/22/2014 6:56:33 PM

Tuesday, July 22, 2014 6:56:33 PM

Post# of 137725
AEGY insiders and AEGY itself were not expecting to get suspended and dumped to the grey markets, so they probably thought they could keep diluting amid the fluff press releases.

They will still need cash to stay afloat a little longer, so they may be selling to anyone at ANY PRICE THEY CAN GET.

The toxic death spiral financing the company has been doing may cause even more problems.
As the share price drops, more and more shares will have to be issued to satisfy the convertibles. This dilution may cause the share price to drop even further, which then will require a lot more shares to be issued for the convertibles. Thus, the name given to convertible debentures - toxic death spiral financing.