InvestorsHub Logo
Followers 0
Posts 234
Boards Moderated 0
Alias Born 06/16/2010

Re: DomMatteo post# 7830

Thursday, 08/07/2014 12:57:45 AM

Thursday, August 07, 2014 12:57:45 AM

Post# of 11369
Looks like 1.6 Mil 10 M Preferred shares convertible at higher prices if they don't want to wait for cash or took stock. 290 M was out 450 Equivalent was needed to complete merger of company 40% larger company. Those shares are locked up and convertible at higher prices if they want them. Looks like the shares they needed to complete the merger filing within 45 days ahead of schedule, good sign Form D, not Reg S, and completes money owed to private investors also. M

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.