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Re: tilltom post# 49946

Wednesday, 11/11/2015 7:00:08 PM

Wednesday, November 11, 2015 7:00:08 PM

Post# of 179564
And the debt is far from "wiped out "

Even though the preferred shares convert over a penny ...at that figure there's still just under 1 billion about to convert to commons. So that's another large percentage about to convert to common with this upcoming transaction. Dilution before dilution.

Jim is the waiter- the appetizer is dilution- and the entree will be more dilution.

http://investorshub.advfn.com/Reverse-Splits-3017/
Put these tickers on your watchlist for examples of how reverse splits in the otc work out.
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