InvestorsHub Logo
Followers 38
Posts 3356
Boards Moderated 0
Alias Born 02/09/2017

Re: nickelandime post# 34242

Friday, 06/23/2017 5:53:35 PM

Friday, June 23, 2017 5:53:35 PM

Post# of 61155
IMO today's volume & recent EOD trades over the past few weeks are probably notes converting for specific dollar amounts. The lower the pps is, the more amount of shares get dumped causing more dilution. Who would benefit from slowly stepping the pps down over the past couple of months & getting it as low as possible timing it to coincide with the dates of the above mentioned notes being converted? The Poolworks conversion date is 06/30/17 which is also end of 2nd quarter. From what I understand, Vert Capital no longer gets a $10 million aggregate but instead gets 20% of MMEG Fully Diluted & Outstanding Common Stock on the conversion date. So, the more dilution on that date, the more shares Vert obtains. We may see more dilution between now & 6/30 but IMO after 6/30 the pps moves steadily northward bound with a little help from our friends at Vert Capital.
This is just my opinion of course & welcome any feedback anyone may have.
$MMEG LONG & STRONG!!!

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.