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PRmaniac

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PRmaniac

Re: None

Wednesday, 08/24/2016 9:38:59 AM

Wednesday, August 24, 2016 9:38:59 AM

Post# of 120666
Toxic deathspiral financing

Those convertibles will result in a lot more shares being issued....dilution and more dilution coming. Plus, they will need even more toxic convertibles just to pay for the high salaries and continued losses forecast by the company.

Current portion of convertible notes payable
$3,326,675

As the stock price goes lower, even more dilutive shares will be needed.
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