Broadband Wireless (BBANE) using a claim of a $100,000,000 corporate paper asset that could be used to raise over $50 million in new financing for the company.
yup he was 'paul harris' back then
What About the Convertble Debenture?
convertible financings held by AJW Partners, LLC, AJW Qualified Partners, LLC, AJW Offshore, Ltd., and New Millenium --
000p's LOL “The notes bear interest at 8%, mature three years from the date of issuance, and are convertible into our common stock, at the investors' option, at 55% of the average of the three lowest intraday trading prices for the common stock on a principal market for the 20 trading days before but not including the conversion date.”
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