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Re: PENNIEStoSTACKS post# 25475

Saturday, 08/19/2017 12:42:55 AM

Saturday, August 19, 2017 12:42:55 AM

Post# of 57850
Going, they did not have 500k in reported sales, Canada means nothing anymore, PLSB keeps missing targets, even the low ones I put out as a suggestion. The share count more than doubled, April was suppose to be profitable, the TCA debt is not considered short term and either are the other converts. Look on the long term debt section. Even being long term, they are eligible to be converted and sold. Now one last point and I hope you seriously read this. The 2.2 bil shares is reserved at a conversion rate of .001, correct? So if the stock gets hit to .001, the new conversion rate goes to appx .0006 and then the extra 2.1 nil not reserved get used up. And that doesn't include any new funds since they have 25k in cash at end of Q2. And I know you kept saying shorts were behind the fall of the stock price but you saw that OLD main converted and dumped at least 250mil shares and more since they had 25 mil shares at end of last qtr. and Walmarts 340 stores, TA, Acme, Kehe, etc etc etc and they only moved 33k cases. Sticking to the shorts story doesn't hold and I can all but guarantee you that the MM and other shark loan guys will read the price of conversions and be itching to pull the trigger
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