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Re: Mondragon post# 51213

Saturday, 09/23/2017 1:31:04 PM

Saturday, September 23, 2017 1:31:04 PM

Post# of 54199
Perhaps the company was valued at $1m, the debt at $200,000, and one or both of the recipients realized that trying to unload those shares into the market would destroy the share price (even after the proposed 1:1000 reverse split) so they insisted on this massive discount.

And perhaps an approximate 1:5 ratio had to be maintained so both parties were happy with the valuations.

And neither the the seller, noteholder, or management cares about common shareholder being diluted to nothingness.