Pulse Beverage Corp. (fka PLSB)

[ChinaDude]

Taco, if you read the most recent 10k, you will see Old Main owned at least double the shares the declared in the 13g. They sold at a min 25 mil shares and most likely a lot more And they will continue to sell. Death spiral financiers or death finds always sell and use their built in discounts to get a lot of shares regardless of the price. The funding source gets paid in several ways: Original issue discount, fees, penalties and interest, and the mother load discount to the bid without a floor bid price. Most of the converts PLSB are at a 35-40 % discount to 2 or 3 day lowest trading price in the previous 30 days. One thing that is even odder is that the converts just have lowest trading price versus the usual lowest closing bid. Makes it more disgusting of a deal