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Re: pepicek post# 18486

Friday, 06/26/2015 2:56:30 PM

Friday, June 26, 2015 2:56:30 PM

Post# of 86313
OK Billie Jean, clearly you don't understand how convertible notes work.

It doesn't matter what the price is if they convert their shares at a 35% - 45% discount of the lowest closing price in a 20 day look back. So what we keep seeing here is a spike down in price, conversions would come in after that close, then they let it breath upwards again and make 3-4 times the money. We also see walls come up to prevent the share price to increase, which in my opinion looks like shorting.

Fair is Fair!!

bad 80's movie reference - enjoy the weekend!

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