Tuesday, June 23, 2015 2:16:23 PM
A, there is no good news.
B, Once they give a convertible note to a buyer/lender they don't have control over when that party sells/dilutes.
C, With Toxic financing the lending party generally doesn't give a sh&t about the goals or hopes of the company. they simply buy shares at reduced rates, the CEO puts the money the business account so that his direct pay 5k per month keeps flowing & the lender dumps into the OS happily turning massive profit while longs lose all the value of their investment.
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