Ocean Thermal Energy Corp. (CPWR)

[Brooklynwiz]

No I'm not short the stock.
Let me correct my statement: I will not invest any MORE money till they show me some results since I'm down 50% on my original purchase.

I'm not referring to the share adjustment.
I'm referring to the August 2017 Convertible Promissory Note with the 6% interest rate payable at maturity that they tried to sell.

Suddenly,in December their is a 15 million bridge loan promissory note with a 3 yr warrant at a 15% discount and they pulled the Convertible.

Why ?? Could it be they did not sell any convertibles because investors are tied of being asked for more money.

Question : What happens if you buy the new note and the 15 million investor falls through like the last investor they thought they had. Now you are stuck with a 6% note and they may not have the cash to even pay that rate.

To many stories for my liking !