InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,722.26
(
-0.19%
)
US TECH 100
19,517.20
(
0.53%
)
Dow Jones
41,914.75
(
-0.70%
)
Brent Oil
73.04
(
-0.20%
)
Bitcoin
63,149.93
(
0.02%
)
Post# of 37358
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

penknee

Send PM Follow Ignore
Followers 35
Posts 3578
Boards Moderated 0
Alias Born 02/17/2013

penknee

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.
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up