Wednesday, April 27, 2016 11:14:29 AM
Note how all of the 10G's they've filed say this:
In other words, they actually have a right to convert WAY more shares they just can't to stay under the 9.99% cap.
I doubt FIFE gave SG any more money. He more likely just converted existing debt into more shares. But hey, could mean a pump coming. Gotta dump those 800MM somehow right!
And then, when he converts his next batch, he'll file another Form 10G/A that says he hold 950MM shares of the 9.5B O/S, and people will say "Whoa! Fife bought 950MM shares!!!" when actually SG just turned on the printing press for him...
"You have to do your day job while you're lining up your long shot."
- Robert Hunter
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