InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,464.62
(
-0.16%
)
US TECH 100
19,220.00
(
-0.20%
)
Dow Jones
39,150.33
(
0.04%
)
Brent Oil
84.39
(
0.00%
)
Bitcoin
64,232.62
(
0.23%
)
Post# of 20265
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Wonshot

Send PM Follow Ignore
Followers 1
Posts 134
Boards Moderated 0
Alias Born 08/28/2015

Wonshot

Re: RN1 post# 19399

Wednesday, 08/23/2017 4:30:57 PM

Wednesday, August 23, 2017 4:30:57 PM

Post# of 20265
Today at 3:21 PM...toxic debt holders sold a block of 30 million shares at .0002 that they received at a cost of .00012 by converting at the contracted 60% of average price, stated in the convertible debt agreement. Instant $2,400 profit for them, minus transaction costs. Dilution for the rest of the shareholders.... as management tries to pay the bills, pay themselves and survive.... at the expense of long term shareholders.
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up