Followers | 371 |
Posts | 16725 |
Boards Moderated | 3 |
Alias Born | 03/07/2014 |
Thursday, August 28, 2014 5:07:22 PM
While they still can? Who is "they"? What prevents them or could prevent them from getting rid of shares they have converted? The shares belong to them? Who can stop them from doing that? Unless the loan/note underlying the convertible is paid back, then the financer has the right to convert the debt to shares at the stated discount. If they've already done the conversion- then the shares are theirs, they own them and no one can take them from them and they can hold them or sell them, whenever they want?
They make money whether the price goes up or down, makes no difference to them? If the price goes down, then they convert and get even more shares. If the price goes up, then they convert and sell at a profit also- it's the entire reason the toxic financing is designed the way it is, the "house", aka the ASHER'S of the world, they can not lose on these deals, they make money, and lots of it no matter what.
What would it even mean, to be getting rid of them "while they still can"? What could/would happen that would prevent them from "getting rid of convertible shares"?
Axis Technologies Group and Carbonis Forge Ahead with New Digital Carbon Credit Technology • AXTG • Apr 24, 2024 3:00 AM
North Bay Resources Announces Successful Equipment Test at Bishop Gold Mill, Inyo County, California • NBRI • Apr 23, 2024 9:41 AM
Epazz, Inc.: CryObo, Inc. solar Bitcoin operations will issue tokens • EPAZ • Apr 23, 2024 9:20 AM
Avant Technologies Launches Advanced AI Supercomputing Network and Expansive Data Solutions • AVAI • Apr 23, 2024 8:00 AM
BestGrowthStocks.com Issues Comprehensive Analysis of Triller Merger with AGBA Group Holding Limited • AGBA • Apr 22, 2024 1:00 PM
Cannabix Technologies to Present Marijuana Breathalyzer Technology at International Association for Chemical Testing (IACT) Conference in California • BLO • Apr 22, 2024 8:49 AM