Sunday, December 25, 2016 5:41:02 PM
Convertible note holders don't care about the price, since almost all the toxic convertible notes convert at a percentage of either the current stock price, or a percentage of the VWAP for a certain number of days, or the lowest price (or average of the lowest 3 prices) in a certain number of days. In otherwords, they are guaranteed to make money regardless of the price, and ironically, they actually will make more money at lower trading prices rather than higher ones.
What counts is not the price, but the volume. Since they make money regardless of the trading price, they just need people to take the shares off their hands. That is where the promotions and some bogus announcements by the companies come in. What the convertible note holders (they are not really "investors" as they don't meet the criteria) and CEO do, though, is make up stories to get new buyers into the stock so they can dump.
These floorless convertibles are known as "toxic death spirals" for a reason. They ultimately kill every stock that issues them.
Please help save the earth. It's our only source of chocolate.
Recent HYSR News
- Form 8-K - Current report • Edgar (US Regulatory) • 09/20/2024 08:05:07 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/24/2024 08:44:04 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/23/2024 08:05:38 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 06/03/2024 08:06:35 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/03/2024 08:05:43 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/21/2024 07:32:27 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/15/2024 09:01:31 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 02/13/2024 09:31:40 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 02/02/2024 05:15:09 AM
- Form DEL AM - Delaying amendment • Edgar (US Regulatory) • 01/25/2024 09:40:59 PM
- Form S-3 - Registration statement under Securities Act of 1933 • Edgar (US Regulatory) • 01/24/2024 09:32:53 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/13/2023 08:28:16 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 09/29/2023 09:03:04 PM
- Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 09/29/2023 08:33:39 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM