InvestorsHub Logo
Followers 568
Posts 12936
Boards Moderated 1
Alias Born 11/12/2010

Re: UserAlias1 post# 8374

Tuesday, 08/19/2014 12:24:11 PM

Tuesday, August 19, 2014 12:24:11 PM

Post# of 17243
*** RITE INFO CORRECTION *** READ...

RITE DOES NOT EVEN HAVE ENOUGH CONVERTIBLE DEBT TO TAKE O/S TO 1B... LET ALONE 2B OR EVEN 5B. (I previously stated 2B, which is wrong.)
NEW CONVERTIBLE DEBT NOT DUE UNTIL 2015.
I did not take into account the shares issued since last Q. 100M x 0005 = $50,000. RITE HAS LESS THEN $270K TOTAL CONVERTS AT THIS POINT, MOST NOT DUE UNTIL NEXT YEAR. STEAL PRICES.