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Re: carsalesman post# 68040

Monday, 02/15/2016 2:02:28 PM

Monday, February 15, 2016 2:02:28 PM

Post# of 100703
That's 55 MILLION new common shares, at the equivalent of 1.8 cents per share. Interest payments will drastically reduce that cost, BTW.

It will be very interesting to see what cost the "independent" evaluation comes up with, and I can't wait to hear Jerry try to explain how the massive, endless share giveaways somehow magically aren't really a cost at all.

BTW, they have to be held a year from the date of the ORIGINAL note, not the issuance of the new Convertible Preferred.

Fact matter.

"Rich people don't buy penny stocks. They're too smart."
-Jordan Belfort, "Wolf of Wall Street"