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Re: mayerxx post# 264

Monday, 10/19/2015 3:35:27 PM

Monday, October 19, 2015 3:35:27 PM

Post# of 274
Any time a company gets money by giving shares at a 50 % discount to the current PPS value it is considered toxic financing.

The company should have obtained funding that does not dilute shareholders equity. It implies the company isn't making enough revenue money to do so.

That is probably why the company allowed the ticker to be delisted to the OTC to obtain convertible debenture funds from a discount funder.

IMO, that is not good.


To bite the worm of incite is to bite the HOOK of the antagonist . They win .