InvestorsHub Logo
Followers 51
Posts 3979
Boards Moderated 0
Alias Born 10/21/2014

Re: bhonda post# 13527

Saturday, 10/22/2016 1:46:55 PM

Saturday, October 22, 2016 1:46:55 PM

Post# of 44455
T2 is correct...

The $7500 note was just a small 4 month loan that was eligible to convert on 9/12......

The other 2 notes have the correct dates.....the CEO had somehow overlooked listing one 2015 Tangiers note and the Knudsen note in the filing prior to the last one so we weren't aware more dilution was coming until it was too late..........usually they have terms of a year, but can convert sometimes at 6 months if they are in default on other loans....I don't see the official terms in an 8k, so I'm not sure...

I know Bob is trying to buy those 2 out...that would be sweet...

VNDM hasn't been very aggressive selling....yet....