TowerStream Corp. (TWER)

[JAG626]

The big winner here is Melody Capital. 5.5 Million senior debt into preferred stock and 4 Million five-year warrants at a $1.15 exercise price. This should help keep TWER listed on the Nasdaq. Melody Capital will come out smelling like a Rose with the preferred being convertible into 8.5 Million shares of common stock @.64.4 cents per share approx. 16% discount as of now! Something tells me this was all a set up for Melody Capital for quite some time.Longs here should hold tight imho. Melody Capital is going to Bank Big $$$$ on this stock Believe me!