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Wednesday, September 23, 2015 1:57:36 PM
CONVERTION rate of .0025 a share IS TOXIC DEBT, I don't care how they put it on the books. TOXIC DEBT STEALS EQUITY FROM INVESTORS AND SHAREHOLDERS!!!
All the equity investment is being stripped from investors.
THE COMPANY HAS NO ASSETS, NO REVENUES!
Look at the proposed deal.....$35 million in real estate, generating ONLY $4.75M in revenue. There is NO WAY A COMPANY CAN SUPPORT THE DEBT OF $35 MILLION.
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