Wednesday, December 17, 2014 12:35:51 AM
You really think IENG will pay the cash back within 6 months instead of just let the notes convert into shares? They DID just raise the A/S even higher... Look at how many shares $800K would convert into at 85% of .0001/share, 9.4 Billion shares at .000085/share.
Even $800K converted at 85% of .0002/share, would be 4.7 Billion shares at .00017/share
I think they could keep converting under 4.99% at a time, dumping the shares right away, then converting more again, then dumping, ect. ect. That's what I would do to get my cash back if I were (TCA).
IENG
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