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RadioSilent

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Re: Huggy Bear post# 19402

Tuesday, 12/27/2016 10:01:39 AM

Tuesday, December 27, 2016 10:01:39 AM

Post# of 107737
Got it. What does that represent? The price that convertible debt would be paid off with? So if MYDX owes someone $10,000, then they would be paid of with $10,000/.000875=11.429 millions shares of stock?

That's a lot of shares.

And the premise is that it allows them to get the stock, sell it, and recoup their loans at the current stock price...plus a risk premium.

Is that about right?
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