InvestorsHub Logo
Followers 10
Posts 2095
Boards Moderated 0
Alias Born 05/14/2013

Re: None

Friday, 07/29/2016 7:55:30 PM

Friday, July 29, 2016 7:55:30 PM

Post# of 39541
For anyone who wasn't around when WM first started funding themselves with convertible debentures, the pps was holding steady at .05 - .06. As soon as they inked these loans the dilution started and the pps dropped to where it is today. It's these loans and share conversions that have contributed to all of us losing money.

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.