InvestorsHub Logo
Followers 95
Posts 32256
Boards Moderated 0
Alias Born 09/01/2001

Re: A deleted message

Thursday, 01/29/2015 10:25:21 AM

Thursday, January 29, 2015 10:25:21 AM

Post# of 98664
I was just responding to the string of posts, making it clear that raising the A/S to just convert the debt out in full immediately would not be feasible. It appears some thought that was an actual option?

As for increasing the A/S to continue to slowly convert debt to shares, isn't that pretty much a given at this time anyway? Already bumping up against the A/S and the debt holders will need more room for further conversions.

By the way, have not seen a filing yet for the People Vine deal. How many shares were transferred for the deal? Where they all the new class of preferred, or did it include commons? Have not seen any details yet on that.

"Always look on the bright side of life!"

Eric Idle

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y