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Where did today come from. Think it’s time I convert these restricted shares I have been holding since UBPS was bought by jetpay.
Good investment..pps could trippel in few days.. on the buy today for a nice ride up on short covering.
Almost loaded this yesterday. Dodged a bullet on this one.
* * $JTPY Video Chart 12-21-17 * *
Link to Video - click here to watch the technical chart video
What's up with all of this dilution?
Additionally, on May 1, 2014, JetPay signed a Securities Purchase agreement with an affiliate of Wellington pursuant to which the Company agreed to sell to Wellington, upon the satisfaction of certain conditions, up to 9,000 shares of Series A-1 Convertible Preferred Stock, par value $0.001 (“Series A-1 Preferred”) for an aggregate purchase price of up to $2.7 million. On May 5, 2014, the Company issued 2,565 shares of Series A-1 Preferred to Wellington for proceeds of $744,500, net of certain agreed-upon reimbursable expenses of Wellington. The proceeds of this initial investment will be used for general corporate purposes. This is in addition to the agreement with Flexpoint Fund II, L.P (“Flexpoint”) from August 2013, pursuant to which Flexpoint may purchase up to $40 million of Series A Convertible Preferred Stock, of which $11.4 million has been purchased to date.
That was a quick MMJ spike I hope you didn't get caught in.. Now it's load up time again.. Will see $3 very quickly!!! See holding restricted shares from warrant conversion back from 12/31/2012
This will bounce quickly... 25M in revenue through Q3...O/S 11M... This company is PayPal and PAYCHEX combined.. Total solution.. Get in on the dips.. Added a few 1000 more today!!
Sleeper of all sleepers!! Loving all these cheapies!!
Why do you say that? Elaborate.
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20
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09/26/13
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Free
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