InvestorsHub Logo
Followers 8
Posts 2677
Boards Moderated 0
Alias Born 01/23/2018

Re: None

Monday, 03/19/2018 4:47:18 PM

Monday, March 19, 2018 4:47:18 PM

Post# of 179941
if sign loaned 2.8 million and they in return get stock that was valued at at least 250 million, you see no problem with it? You think it is good business? Say they aren't liquidating and the stock goes to 2.00 dollars. Their conversion of 2.8 million by .003 equals how many shares: 933 million shares.
933 million x 2.00 equals = 1,866,666,666. For a 2.8 million dollar loan they get paid back 1.8 billion......nice. Great management. Nothing wrong with that insider deal.

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.