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Re: gnolfinvestor post# 17300

Thursday, 01/28/2016 2:08:25 PM

Thursday, January 28, 2016 2:08:25 PM

Post# of 18904
I have personally done dozens of converts and never once was i not permitted to convert. and i did converts with companies more desperate for money then uspr was/is, and some that fell to the pinks for a variety of reasons.

if uspr found a ta that won't, all i can say is that's typical of uspr.

but if in fact their ta is restricting more conversions, then that will undoubtedly mean uspr is in default on their note and would probably allow for the convert holder to receive additional shares and/or some other type of compensation.

it's so funny to me how uspr being non-compliant in their 10q filing is viewed by some as a good thing.

a. they could face de-listing and 2. if they have a ta that won't issues shares, they are causing the terms of converts, that took uspr from .20 to .0035 to be even more toxic then they originally were.

and that's good?

This post is my opinion and should not be used as investment advice.

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