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Re: Monkey 28 post# 23944

Monday, 08/18/2014 8:08:20 PM

Monday, August 18, 2014 8:08:20 PM

Post# of 42723
It's a combination of converting a portion of the $100,000 debenture and exercising a certain number of shares from the $381.50 a share warrant. When both are combined, the company gets money and GS gets shares at a 20% discount.

Some here just like to highlight the conversion of the debenture, because that shows an extremely low pps along with a large number of shares. They either highlight this because they don't understand how this agreement works, or are being dishonest, by not pointing out the warrant exercise portion, which is how 3dicon gets the money they need and how the conversion rate is balanced out to the 20% discount.

Hope this helps. Can't reply more til. Tomorrow since I have been restricted to one post a day.
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