InvestorsHub Logo
Followers 84
Posts 2321
Boards Moderated 0
Alias Born 10/07/2013

Re: bigboard post# 22092

Monday, 07/14/2014 11:42:38 AM

Monday, July 14, 2014 11:42:38 AM

Post# of 34668
There are no current calculations that add up to IR having that many shares. Even if the stock went to .0001. The Preferred shares only convert to common shares that have a par value of .001, and they seem to have drawn roughly half their shares. IR is able to get more money, just because the common stock value is tremendously more than initially stated par value. Where are your calculations coming from?

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.