Seaniemac International Ltd (fka BETS)

[lovethatgreen]

I figure Greg Trautman is in panick mode right now.

Debt is being converted on a rapid and steady basis...that's why the stock is where its at..the debt conversions are not over...clamour about the small os is all well and

good .. But the rate of converts is the problem. I thought bets had a shot at leveling off at 143 million..that idea was wrong...the company has no ability to curb what's happening , so the converts will be completed...as the os gets larger, the rate of conversions grows larger as well and the reasons why have already been posted.

300/million in 10/days is my guess..so absorb another 100 million into the os...that's just a temporary stop off for the os...it will be 500/million may IMO...

They aren't going to survive with out taking out more loans...they borrow to pay past loans...its ridiculous

I'm tired of the subject for now.