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Tuesday, May 05, 2015 10:14:06 AM
i almost think im looking at a 10 day countdown clock to when the news will be dropped.
Cause wouldnt the company and us all, NOT want those illegal shares in the SS when and IF FDA approval news hits?
Debt holder basically were because of an error, converting shares below the floor limit that was .001 a share.
Guys, that means if a share was converted say @ .0005 - then if 10 million were converted at that, 5 million would have to be returned.....yes?
So 10 business days, is the time limit upon receiving this notice for the shares to be either returned, or if not the company automatically makes the choice for them and adjusts the SS.
I need to think about this more, but any thoughts? Cause though the news then may be delayed to later in this month IF this is the case, ADMD would then have MANY less shares in the SS, making the spike and eventual long run in pps that much more possibly: Epic.
Either way: i look at the DD, know this is a significant FDA biotech modern new therapy on verge of being approved: and am holding all and buying on the dips....i can wait for whatever till we find out yes or no. But even if the news hits say in a week or two, every day now the ADMD SS may be shrinking, by many tens of millions of shares that are being returned, cause they were converted below the legal .001 par value: woooooohoooooo lol
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