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Re: MrPlow post# 67450

Monday, 11/23/2015 9:47:22 AM

Monday, November 23, 2015 9:47:22 AM

Post# of 70075
Conversion is not equal to Sale...

A creditor that holds a convertible note wishes for what happened last two weeks...

Since the low price was the measure to define the number of shares from a fixed US$ amount.... It was in favor of the creditor the engineered price manipulation...

Afterwards the creditor (who becomes a shareholder) wants to be able to get to sale to the market at the highest price possible (not the lowest) so we won't see a dump but an iceberg style offer...
Option A) slow sale at 0.0003 without any further manipulation
Option B) pump starting the 29th for a week and then an iceberg at 0.0007

That's what I think will happen... If that realizes its because am right or just random walk due to mood change... If am wrong I will buy even more and increase my position... My risk tolerance here is still not met... And potential growing.

GLTA especially to the Longs!