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Re: Det_Robert_Thorne post# 4850

Tuesday, 11/24/2015 5:08:23 PM

Tuesday, November 24, 2015 5:08:23 PM

Post# of 82703
I think we're starting to see conversions

As I wrote on Oct 6, the first tranche of the convertible notes would become eligible for conversion on November 19.

On that date, CANV closed at $0.8088. In the three trading days since then, the stock price has fallen nearly 26% on increasing volume, with today's 169K shares being easily the largest volume since July 29, 2015.

I think we're seeing the conversion of the first tranche.

"Soylent Green is people!!!"

Detective Robert Thorn: Telling uncomfortable truths since 2022

DRT is Charleton Heston's character in the 1973 movie, Soylent Green, set in the year 2022, and is not my real name

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