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Re: surfkast post# 79166

Wednesday, 10/29/2014 1:19:14 PM

Wednesday, October 29, 2014 1:19:14 PM

Post# of 220970
Another company I follow, HPNN, proudly announced they had converted all of their $7M of "long-term debt" into a still-undisclosed number of convertible preferred shares.

This is presented as a great benefit for shareholders: all the debt vanished into thin air !

The HPNN Class D Preferred Shares happen to be Reverse Split proof.

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