InvestorsHub Logo
Followers 45
Posts 11248
Boards Moderated 0
Alias Born 03/03/2005

Re: Winters post# 18829

Tuesday, 06/30/2015 11:05:04 AM

Tuesday, June 30, 2015 11:05:04 AM

Post# of 86313
"We have a $50k note with @ $48k on it" do you mean there is 48K left to be converted on this note ? When is this note due for conversion if not already started ?

I'm sure you do realise 48K is 175 million shares converting at .000275 using a .0005 pps. That would likely bring us to .0001 as we drop further and have higher conversion amounts and future R/S.

Is there no funds available to prop this stock up at a reasonable level, also acting as a buyback ?. These low conversion prices will have the O/S above 1 billion before long.

All post here are my opinion.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.