InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,634.61
(
1.15%
)
US TECH 100
19,202.80
(
1.10%
)
Dow Jones
41,175.08
(
1.14%
)
Brent Oil
78.38
(
0.00%
)
Bitcoin
64,352.82
(
0.38%
)
Post# of 32393
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Toxic Avenger

Send PM Follow Ignore
Followers 218
Posts 38765
Boards Moderated 0
Alias Born 04/29/2008

Toxic Avenger

Re: HokieHead post# 18379

Saturday, 04/09/2016 6:38:45 PM

Saturday, April 09, 2016 6:38:45 PM

Post# of 32393
With close to 200 million shares available fully converted, I think that $1.20 won't be holding for long.
And as for $10 million in financing. Well, investors don't usually value companies with negative working capital at $100 million.

Just sayin'

But between the preferred and the new toxic debt, it's clear free and discounted shares are from being depleted.

“No one in this world, so far as I know — and I have searched the records for years, and employed agents to help me — has ever lost money by underestimating the intelligence of the great masses of the plain people"
H.L. Mencken

Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up