InvestorsHub Logo
Followers 26
Posts 7102
Boards Moderated 0
Alias Born 09/17/2015

Re: grantastic post# 7274

Friday, 06/23/2017 6:45:12 PM

Friday, June 23, 2017 6:45:12 PM

Post# of 39868
Just thinking out loud again -- but some of the debt was retired prior to conversion. Since there is no revenue or other income, that's swapping old debt for new debt.

What's the Ponzi limitation here? Ponzi eventually would run out of postal coupons to trade in. But here, can MaxD endless issue convertible debt for as long as there is a market to convert in to? (Zeno's arrow?)