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gm99

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gm99

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Friday, 04/08/2016 11:32:28 AM

Friday, April 08, 2016 11:32:28 AM

Post# of 1012
Wow! EGLE, good pump! It's issued 344 Million new shares or 1000% Dilution!

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11290736

Page 3.

In connection with the entry into the Second Lien Loan Agreement, on March 30, 2016, the Company has agreed to issue up to 344,587,536 shares of common stock (the “2L Shares”) to the Second Lien Lenders pro rata based on their participation in the Second Lien Facility, which Second Lien Lenders will receive shares equivalent to 90% of the outstanding common stock of the Company after such issuance.

All the current shareholders are actually Wiped out!

Pump in Order to Dump before the 344 Million new shares flooding in the markets.

Be very careful.
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Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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