Monday, August 15, 2016 12:54:00 PM
The Company recently completed a $3,000,000oo private placement of its common stock.
1.At what price?
2.To whom?
3. With what OID?
4. With what preferential imbedded features?
5. What's the percentage of VWAP?
Want to bet the answers are:
1. A preferential price, probably 25% of VWAP.
2. Weiner OR Weiner, Sterling et al.
3. A minimum 10% OID, probably more.
4. Guaranteed it's waaaaay lower than $.36 or if the price happens to rise by conversion time, a highly preferential imbedded conversion feature.
5. Answered above,
I tried to warn you about these guys, invest at your own risk.
THIS POST IS INTENDED SOLELY FOR INFORMATION PURPOSES AND NOT TO BE CONSTRUED, UNDER ANY CIRCUMSTANCES, BY IMPLICATION OR OTHERWISE, AS AN OFFER TO SELL OR A SOLICITATION TO BUY OR SELL OR TRADE IN ANY COMMODITIES, SECURITIES, OR CURRENCIES HEREIN NAMED
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