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Re: tedpeele post# 3483

Thursday, 12/01/2016 7:39:06 PM

Thursday, December 01, 2016 7:39:06 PM

Post# of 24550
Im just saying why would anyone buy with the convertible out there.
I hate to be so negative but here is the worse case scenario I see..

On 11-23 the price was .011 if they decided to convert $300K at the lowest price of the previous 10 days that would be 60% of .0026 by looking at the chart. This means they could have converted at .0016 which would be a complete disaster. 300K/.0016 = 187.5 Million shares.