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Re: ranger_7 post# 12349

Saturday, 12/19/2015 12:54:48 PM

Saturday, December 19, 2015 12:54:48 PM

Post# of 37330
I beg to differ. I am speaking facts.
There are 10.9 millions series C warrant outstanding as of the december 17or 18 From September to last 8k, only 1.9 series C warrants have converted to 1 million or so common shares. That means most of the volume and downing of pps was not related to conversion. @ least 6 millions new shares Are needed to convert the remaining C warrants. If the pps keeps going g down and there is no floor to conversion, those 6 millions may turn to 7, 8, 9, 10, 11....millions shares. What to get excited about here? I don't see it in short term..

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