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Re: phinhead1972 post# 58019

Wednesday, 02/04/2015 5:24:28 PM

Wednesday, February 04, 2015 5:24:28 PM

Post# of 111920
Well if they really are crooks like some think, then the smart thing would be to wait till Q-4 to do a R/S of COMMON shares. That would give them time to allow as much debt to be converted into the current SS with the A/S being raised as needed. Remember that their preffered shares from VGR don't become convertible until the end of Q-4. R/S of COMMON SHARES end of Q-4 get the PPS up and then convert the 350K preffered that they have between them into 630M common and go to dumping into the new SS for a very nice return. That would be the what I would do, if I were a shady CEO in pinksville.
Good luck. I'm out.