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Tuesday, October 06, 2015 11:18:47 PM
CONVEY diluted this by proxy, it's very simple. This is how all stinky pinkies (and many Nasdaq scam companies as well)dilute....through convertible notes, as they are unable to sell new shares via a direct or privately placed secondary offering because no one in their right mind would buy the shares. These convertible note agreements are written as such to almost guarantee a positive ROI; at worst they guarantee break even.
When's the last time you heard of a big board stock doing a secondary with guaranteed positive ROI??
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