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Re: legster69 post# 17885

Tuesday, 06/03/2014 9:54:31 AM

Tuesday, June 03, 2014 9:54:31 AM

Post# of 30964
I'm starting to believe IMHO this is the convertible debt. Why does anybody go public? To raise money. NO other reason. This shell has convertible debt. How much? We have no idea. But if they remain an underreporting pink, or grey sheet co, for the time being they really don't have to disclose anything. Not unless they want to start reporting.

So the theory is they remain NON reporting, complete the merger, (might or might not have been done months ago) and sell the new equity created by the conversion into all the hype being created on this board.

I could be wrong but... Thoughts?

I have read nothing to dispute that.