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Re: Toxic Avenger post# 47646

Tuesday, 01/15/2013 12:26:51 PM

Tuesday, January 15, 2013 12:26:51 PM

Post# of 56720
ALGEBRA is REQUIRED.

Perhaps this will help:

X convertible preferred shares EQUALS Y common shares.

Correct?

That is saying that if one has 25 apples and the conversion is 1 apple for 20 oranges, then the 25 apples can be exchanged for 500 oranges.

Now if I have 400 apples, how many oranges can I trade them for?

Sounds like an ALGEBRAIC manipulation to me. It's called "ratio and proportions" in ALGEBRA.

Your ALGEBRA is still WRONG, imo-

Sometimes words are not enough...



This is why the GMAT tests ALGEBRA for all those wishing to attend a reputable grad b school.....

This was all explained earlier here:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=83440327

An ALGEBRAICALLY CORRECT analysis of GOSY's stock issuance is here:

http://www.geckosystems.com/W_W_W

mo-
Mech