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Post# of 75185
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Voices of Reason

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Voices of Reason

Re: majorpain post# 17104

Thursday, 05/22/2014 11:47:34 AM

Thursday, May 22, 2014 11:47:34 AM

Post# of 75185
Looking at the most recent (2014) convertibles (#43- #53) I see that the Company has been successful in securing a number of placements ranging in conversion price of $0.0025 to $0.06 with accompanying interest rates of 8% to 22%. I would argue that the Company made out pretty darn good at those prices/interest rates - the investors.....not so good as all of them** are underwater!

**3 convertibles are at variable pricing - it is unknown if they are underwater.
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