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Wednesday, December 07, 2016 6:51:55 PM
"The Delafield Note is convertible into shares of Common Stock at a conversion price equal to 65% of the average of the three lowest closing bid prices of the Common Stock for the ten trading days prior to the conversion".
Hmmm wonder why the three days prior to this jump PPCH traded almost exactly 150k. Oh and the average share price those three days were converted 65% off, was suspiciously equal to 65% of the 3/10 lowest closing bid prices prior. Now it's time for Dela to run this up and take all of the money from unsuspecting retailers. Give it 6-12 months; rinse and repeat.
PPCH is a scam, no telling how far Dela will run this up but be prepared to jump or end up holding the bag.
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