InvestorsHub Logo
Followers 8
Posts 1012
Boards Moderated 0
Alias Born 03/13/2014

Re: JAJ25 post# 66915

Friday, 05/26/2017 2:28:26 PM

Friday, May 26, 2017 2:28:26 PM

Post# of 114698
The PPS doesn't matter to them. They convert the notes and then sell them a little higher than the conversion price, and pocket the cash. Once they sell the shares they convert more until they run out. The PPS will not go up until that is over. It will be fairly soon though The market value of the company right now is almost equal to the quarterly revenue. That will right itself once dilution is over.

COHO

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.