AI
Tuesday, November 16, 2010 4:50:18 PM
Please read - I'm mentioned it a couple times, but I really want people to understand this because it will directly impact your investment here. and you have control over this!!!
The Convertible debentures
3 of the 5 convertible debentures calculate the # of shares as being:
The amount of loan to convert divided by / 50% of the avg of lowest 5 closing prices last 15 days
The CLOSING PRICE MATTERS!!!
So let's take this example as of closing bell today 11/16/2010 here's the previous 15 days trading prices and calculate the amount of potential shares converted if they decide to convert today. Let's assume the Closing Prices, vs the Intraday Low (if no paintjob is done at closing) and the Intraday High (if the paint job can get us to the intraday high)
The Convertible debentures
3 of the 5 convertible debentures calculate the # of shares as being:
The amount of loan to convert divided by / 50% of the avg of lowest 5 closing prices last 15 days
The CLOSING PRICE MATTERS!!!
So let's take this example as of closing bell today 11/16/2010 here's the previous 15 days trading prices and calculate the amount of potential shares converted if they decide to convert today. Let's assume the Closing Prices, vs the Intraday Low (if no paintjob is done at closing) and the Intraday High (if the paint job can get us to the intraday high)
River~~~
FOLLOW RIVER'S MONEY FLOW
http://investorshub.advfn.com/boards/board.aspx?board_id=18984
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.
