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Re: 5 DOG ED post# 23765

Thursday, 05/26/2016 11:30:23 AM

Thursday, May 26, 2016 11:30:23 AM

Post# of 37358
"Floorless" is an idiom for the debt being able to convert at any pps. $0 is the floor. Don't forget from the last filing NGBL has over 6 billion shares outstanding on a dilutive basis. When the O/S is over 6 billion they will be done selling the current debt. But I'll bet you all your shares they do more toxic financing before they hit 6 billion O/S.
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