Sunday, July 20, 2014 9:59:26 PM
so what if there is still 10 or 15 percent of shares restricted from the tradable float.
all this does is help support the PPS...
when they are converted they will be sold off according to market demand.
they will not just be 'DUMPED'.
We ran to 10 cents after and while the majorty of debentures were converted.
Those figures are all wrong, you claim a loss of 6 million.. but they've bought in $5,000,000 in sales in the last 2 months.
some of which was for OneBode, which was part of that 6 mill 'debt' which isn't even a debt when it was paid for.. by.. wait for it.. debentures..
so basically all the company is on track for getting things done,
they have turned around all that so called debt.
again, every company does this.. thats what they do to raise capital.
it's completely normal, but all i ever hear is 'but they convert to a discount'.
THEY DO NOT CONVERT TO ANY DISCOUNT... THEY CONVERT TO WHATEVER THE PPS WAS AT THE TIME OF THE TRANSACTION.
Those who backed this company have been, and will continue to be rewarded.
If the company's plans didn't take off or get into action, then it might have gone down in price,
then those same lenders who backed this company would be out of pocket big time.
But they obviously believed, and others still believe ERBB will become a big success.
there is NO DILUTION...... O/S and A/S have remained the same for a long time.
There is no plans to change anything about the share structure.
Stephen Shearin is an Honest CEO with a good track record, who works hard and has always been transparent with investors.
last but not least, the company itself only owns 1% of the stock.
That means, it's in its best interests to succeed. 99% of the company is owned by the public.
Like the other 25,000 longs invested here, i do my due diligence and i believe in my investment.
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