InvestorsHub Logo
Followers 22
Posts 6344
Boards Moderated 0
Alias Born 05/15/2008

Re: adanac post# 116508

Monday, 04/04/2016 9:45:16 AM

Monday, April 04, 2016 9:45:16 AM

Post# of 123598
You see now someone selling at 0001 makes money?
They not the clowns!!
They not the pigeons



LIG the group of investors arranged or led by Liani Holdings Ltd. exchanged
$300,000 of debt for convertible preferred shares of the Company, convertible at $0.0001 no earlier
than 12 months from the date of issue. The preferred shares were issued at a discount of 25% to
compensate the LIG investors for a) a non-cash payment and b) the absence of a coupon. Their loan
normally attracts 15% interest.


Also accepting preferred shares as payment is sure sign of RS
only way to convert A or B shares is RS or raise the OS...
lol they would have to raise the OS to 50B
RS makes better sense and with this juicy Flushaway story new pigeons won't be hard to find....again