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Re: QaB2i post# 31096

Friday, 08/04/2017 10:13:21 AM

Friday, August 04, 2017 10:13:21 AM

Post# of 31518
Toxic financiers. They loan money, but the toxic convertible note may provide conversion at a 50% discount to the share price. Usually, the financiers them immediately dump the shares to lock-in the profit.

For MLCG, there is little buying interest, so the financiers may have trouble selling and the company may have trouble getting new financing (like you mentioned).