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Re: mdimport post# 71183

Wednesday, 11/05/2014 2:03:16 PM

Wednesday, November 05, 2014 2:03:16 PM

Post# of 71458
There is a lesson here. If a Company issues ANY toxic death spiral convertibles, it is more than a red flag - it is a death sentence. Those debt instruments are known as "toxic death spirals" for a reason. They kill 99.9% of the Companies that issue them. This is a fact, not some cocktail napkin conjecture.

Just googling the names of those toxic entities provided all the info needed to tell anyone that taking money from them would kill any chance of building an actual company. Maybe Volk was smarter than google. Some thought that. It's just a good thing for any future "investors" that the SEC didn't think it.



the world of penny stocks is “a historical haven for con men and hustlers that the FBI says is “rife with fraud.”


The Wall Street Journal

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