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.11's should be the bottom area
.11's just around the corner
Will take a month to sell 13m shares from santa Anna buy out
Lol
Lol
Lol
Lol
I doubt the owners will ever grow mj at that facility
Will that make him win the election or lose it?
That tells you something doesn't it
When the.11's gets here I will buy 1M shares cash
Holding free shares right now
The question is will we see .11's today??????
Let's get it down to.11's asap
College, @Least spell it right
Maybe.11's will be next
What makes you think this is going up to.44?
I think that it is going to.11
Did you just say after rescheduling ?
The amount of shares converted to command shares in recent weeks can not be out voted so forget it
Why talk about reverse split when stock cannot go on NASDAQ having an illegal product
I will buy 1 M shares when at .11
Not going anywhere while in schedule I
No banking
No tax breaks
Not federal legal
No write off
No crossing state lines
No place to smoke
On and on and on
Are the shorts getting out?
Why all the selling?
.11's getting closer
Session will pick up the papers along with the mj
So you are saying don't buy now!
Wait for the $.11's
Yes yes yes
I 'm in
Have free shares
Will buy some more when this gets into $.11's
Can't beat having free shares
In the vast majority of cases, a reverse split is undertaken to fulfill exchange listing
Does not change its worth
Does not hurt the shareholder
Will allow company to list on a stock exchange
Beneficial
Wikipedia says"
Death spiral financing
Death spiral financing is a process in which convertible financing used to fund primarily small cap companies can be used against it in the marketplace to cause the company’s stock to fall dramatically, which can lead to the company’s ultimate downfall.
Many small companies rely on selling convertible debt to large private investors (see private investment in public equity) to fund their operations and growth. This convertible debt, often convertible preferred stock or convertible debentures, can be converted to the common stock of the issuing company often at steep discounts to the market value of the common stock. Under the typical “death spiral” scenario, the holder of the convertible debt initially shorts the issuer’s common stock, which often causes the stock price to decline, at which time the debt holder converts some of the convertible debt to common shares with which he then covers the debt holder's short position. The debt holder continues to sell short and cover with converted stock, which, along with selling by other shareholders alarmed by the falling price, continually weakens the share price, making the shares unattractive to new investors and possibly severely limiting the company’s ability to obtain new financing if necessary.
An important characteristic of this kind of convertible debt is that it often carries conditions like a quarterly or semiannual reset of the conversion price to keep the conversion price more or less close to the actual stock price. However, a lower conversion price also increases the number of shares that a bond holder gets in exchange for one bond, which increases the dilution of existing shareholders. A lower price reset can also force investors that have set up a long CB/short stock position to sell more stock ("adjust the delta"), creating a vicious circle, hence the nickname death spiral.
Companies willing to agree to financing on these terms are often desperate and could not obtain funding through any other means. The terms, though viewed by some as onerous, give the lender a potential way to recover their debt regardless of what happens to the shares of the company. The lender would have a potentially greater gain if the shares were to increase in value, but if they decrease in value, there is some protection. Otherwise, they would probably not be willing to lend the money because of the poor risk profiles of the companies interested in this type of financing."
Going down again????
.11's getting closer
Don't take a rocket scientist to understand why mj needs to change to a schedule II before RS
Try to understand that
I agree some think this is the bottom,
lol well I don't
My buys are the $.11's and it's half way there
"Sure would like to know who's providing the opportunity to buy."
Those that had their shares converted into common shares
Going down down getting closer and closer to $.11's
Want to see PPS go up?
Take mj off schedule I
Then banks will receive profits
Then we get ours
Someone said up at end of day??
Who was that, raise your hand
!
Tons of shares to be sold
Might even bring PPS down a bit more
.11's would be nice
Yeah lots of selling
He most be looking at trades front 1 1/2 years ago
And all this selling is because ?????
Yeah me too, I think you are right
Holding free shares and not selling less then $5.00
Maybe now we will go down to .11's
TRTC all ready owns land in northern Nevada to build grow facility what is going to happen to that?
Look what that land cost us nothing like throwing money away
What did you think he would do with the money when he can't put it in banks
Self enrichment of course
The sky is falling in the south, the volume is low what else well look at the news didn't they convert the shares so they can sell them dah