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Re: yanquitrader post# 8992

Thursday, 08/17/2017 1:48:24 PM

Thursday, August 17, 2017 1:48:24 PM

Post# of 14775
Agree Yanqui, A lot to digest in your comment. I would like to know the terms of the convertible debt. Like what is the interest on the debt? I would guess at least 15% or more. And is it immediately convertible and at what price. I would guess probably $.10-$.15 a share. So could they not just convert and dump shares at $.25, get their return & reduce their risk. Also the reverse split followed by selling more shares. Also the problem of looking for "strategic alternatives". So they want to become something other than an IP company? So what are a handful of IP lawyers qualified and experienced enough to become? Very puzzling and like you said a whole a lot of unknowns? Just my thoughts. But the share price and the share action does support your comments.
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