InvestorsHub Logo
Followers 587
Posts 31647
Boards Moderated 1
Alias Born 03/08/2006

Re: EOT post# 24996

Sunday, 07/23/2017 9:26:31 AM

Sunday, July 23, 2017 9:26:31 AM

Post# of 34427
lol, they are not currently just "buying shares at .000005"

these shares are converted at that price from previous convertible promissory notes and issued from the company. .000005 is the conversion rate.

they have more than made their money back on all of their loans to the company. I guess a basic understanding of how floorless convertible notes work would help


Ole Broke Azz
Buy Bottoms
Stage Buys
Trust No One, me included

Don't ask if I'm selling. If I'm in, I'm always selling & I'm always buying