InvestorsHub Logo
Followers 10
Posts 1578
Boards Moderated 0
Alias Born 10/15/2014

Re: Buzzlityr post# 18065

Thursday, 11/13/2014 3:38:18 PM

Thursday, November 13, 2014 3:38:18 PM

Post# of 47873
Buzz- I believe their current facility expires in March of 2015, so they will mostly likely address refinancing/cap structure before July.

I can't explain the low volume, but perhaps it works to the advantage of longer term investors. Platinum wants to convert and sell quickly...but they have over 60 million shares to unload. If the volume doesn't support them converting and selling that many shares, it gives Implant the time to arrange for a financing to hopefully take them out and prevent further dilution.

Time will tell.
Join InvestorsHub

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.