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Alias Born 08/04/2017

Re: Emerald road post# 100901

Friday, 08/04/2017 11:07:21 PM

Friday, August 04, 2017 11:07:21 PM

Post# of 111920
This stock won't go anywhere. Has $3.4m in debt that's convertible to common stock. All the note holders have held the notes for over 6 months, making them eligible for Rule 144 exemption. Most probably have around a 50% discount conversion rate, convertible at 50% the low price for the previous 20 days on the day they convert. The note will have a conversion blocker at 4.99% of the outstanding shares, so the note holders don't have to report their sales. If volume picks up at all in this stock, there will be more conversions. Good luck.