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edjohnson

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edjohnson

Re: Millionairio post# 7623

Wednesday, 11/23/2016 6:31:07 PM

Wednesday, November 23, 2016 6:31:07 PM

Post# of 14785
You are correct. Issuing more stock seems to be logical and the best case scenario for the small company with big ambitions.
Unfortunately, some of things they've done in the past 2 years are not very logical. Therefore, at this point, I would give 50/50 chance of toxic convertible debt. I'd love to be wrong, but there is just not enough cash to pay the bills.




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