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Re: nanodaddy11 post# 50361

Tuesday, 01/12/2016 11:15:06 AM

Tuesday, January 12, 2016 11:15:06 AM

Post# of 74863
There's plenty of institutional money here... they lend money to OWOO which is backed by convertible debentures. In return they get discounted commons stock just like yours...they just don't have to pay as much. So they dump their stock for a profit and move on. The O/S increases, the PPS goes down, and OWOO principals make their paychecks. The guys holding long get stuck with an ever-depreciating security.

OWOO has blown out over 1.25 billion shares to date, and has convertibles worth another 2 billion shares in the pipe.

THAT'S the reason nobody with "institutional money" is going to touch this thing with a ten foot pole.