4Cable TV International Inc (CATV)

[stockdarockk]

This one has a lot more convertible debt coming. When its at .0001 maybe if you want a lottery ticket you buy a few million, for a couple hundred busks for that long shot. Even the CEO is saying theres more to come, and theyre hoping to find other funding sources to help this out. The problem is they just made their structure and par value for anything but more toxic debtors, that much tougher. They are going to need money along the way too, for filings and regular job expenses. However, they are now a lot less attractive to potential "good" lenders. Which means they(CATV) arent the ones going to get to call the shots. And when its crunch time, the toxic debtors will come a calling. This should hit the .0001 level and sit for a bit. When your credit is dropping you dont get the best rates and cards. Same holds true in business.

Calling for a pop, or "lets move this" is only going to result in a lot more losses to investors. As anyone knows in these, some will just need to go out kicking and screaming. This is not a good buy at these levels, with more debt conversions on the horizons and converters threatening legal suits, and such, if not paid on time. Even one filed suit, is even more wasted money from this company and its needs. You dont invest to purposely lose money, and they are even sharing in emails, theres more ugly to come. If you must own this, like I said, get a .0001 lottery ticket, and just hope they dont do too big of a reverse split as they try to get the business back to an attractive one when all of this is said and done. However, said and done, isnt close to being over. Like it or not the ugly writing is on the wall for now.