InvestorsHub Logo
Followers 5
Posts 1467
Boards Moderated 1
Alias Born 05/03/2012

Re: matt24d post# 447

Tuesday, 06/30/2015 1:00:29 PM

Tuesday, June 30, 2015 1:00:29 PM

Post# of 5881
Financing:
I am confused by your post. If it is not toxic debt what do you call a convertible with no floor? The President even stated he doesn't know how much dilution there will be. Given it was 37 mill and now he is talking about over 80million shares that is massive dilution. This will be delisted from NASDAQ soon unless there is a big reverse stock split.

When there is confusion it is usually done by design. I think the shareholders are getting screwed.

Acquisition:
Do you think the acquiring company will still want to be bought out by a company who's share price drops every single day for a couple months straight and is about to be delisted and dropped to OTC?