InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,277.51
(
0.80%
)
US TECH 100
18,028.40
(
0.00%
)
Dow Jones
38,686.32
(
1.51%
)
Brent Oil
81.18
(
0.46%
)
Bitcoin
68,860.05
(
1.64%
)
Post# of 13308
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Prinz18

Send PM Follow Ignore
Followers 13
Posts 1116
Boards Moderated 0
Alias Born 11/26/2007

Prinz18

Re: modes948 post# 1294

Monday, 08/04/2014 4:07:40 PM

Monday, August 04, 2014 4:07:40 PM

Post# of 13308
I get the feeling, that these guys had no idea, what a toxic financing actually is......

Hopefully we'll see soon, that a lot of these floorless convertibles have already been converted.

According to their latest filing they had $ 494K (incl. interest) outstanding. Assuming this amount could be converted at an average discount of 60 % to the latest share price ($ .02), this translates into more than 60m shares!!!
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Detailed Quote
InvestorsHub NewsWire

ILUS Provides an Update on the Binding Term Sheet Signed with Actelis Networks (NASDAQ: ASNS) • ILUS • May 31, 2024 12:52 PM

Element79 Gold To Provide Summary and Update on Active Exploration Program, Community Relations at RMEC on June 4 • ELEM • May 30, 2024 1:18 PM

Branded Legacy Secures Exclusive Extraction Partnership with One of the World's Largest Kava Distributors and Producers • BLEG • May 30, 2024 8:30 AM

ECGI Holdings, Inc. Announces $2 Million Debt-to-Equity Conversion • ECGI • May 30, 2024 8:30 AM

North Bay Resources Reports Assays up to >25% Mg, 0.1% Ni, 0.1% Cu, 0.01% Co, 0.3 ppm Pt at Tulameen Platinum Project, British Columbia • NBRI • May 29, 2024 9:03 AM

One World Products, Inc. Issues Shareholder Update • OWPC • May 29, 2024 8:20 AM

Start posting your company's news
Only $200 per official company press release!