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Re: Turntheship post# 36379

Saturday, 03/17/2018 1:08:57 PM

Saturday, March 17, 2018 1:08:57 PM

Post# of 50157
No, it is not plausible. At $1, the market cap would be less than $1 million as I stated before. Few trouble to understand the interrelationship between market cap and convertible. If the company resorts to a convertible then it WILL be rinse and repeat, so nothing can be said about after reverse split until there is a completed offering in hand or an announced convertible.

I think Simpson has enough common sense and integrity to avoid convertible if she can.

Everything negative about Simpson can pretty much be attributed to just one thing "the convertible deal from 2016"

Office space expense is just a silly joke compared to the 45,000 fold increase in shares under convertible
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