Thursday, December 28, 2017 4:09:54 PM
Looks like this may have been the last of the EPA shares. They have no reason to try to stretch out sales now. Just want to get rid of them before they lose money.
What will most likely happen with the convertible note is it will be converted $10K or $20K at a time. Those millions of hares will be sold dropping the price. That means the next batch will result in even more shares issued. This could be dilutive by hundreds of millions of shares by the time it is done.
Same thing happened to HLXW and they ended up with billions of shares issued to pay the toxic financing.
Will go even lower tomorrow as more people learn they will no longer qualify for OTCQB and will be bumped to Pink Sheets.
You will get bloody if you try to catch this falling knife! Good call for those who got something instead of nothing.
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