NRP Stone, Inc. (NRPI)

[nickroc]

So finally dug back into the history for CNXS. They converted a crap ton of notes in 2017, but the company themselves didn't dilute shares. Because they can't. some notes can be converted. It looks like they got the CE in June sometime while converting a whole bunch, then they didn't convert anymore until they updated their filings again in early 2018. I don't know if they got hit with a CE again (or even if it went away) after all their filings earlier this year or not. I wasn't following the saga. But notes are different than company dilution. Which has been my argument. We have no proof of notes what so ever right now for NRPI. So yes, in CNXS's case there were a ton of convertible notes converted to shares - which quite honestly should have been seen coming on that stock. All through 2017 their AS was 10B and they had a ton of convertible notes on file - that was bound to happen. Here, it's a relative clean slate. We don't know what kind of revenues the new compnay is bringing (if any), we don't know what kind of notes they have already (if any and if convertible). According to the last financial they have on file - they have ZERO notes, just a long term loan for a whoppping $75k, which is nothing. so we know there is no note conversion and as I've stated to DJsomething, companies cannot dilute shares with a CE (just notes) so no P&D by company. All retail trading. Yes there was a dump...but it wasn't caused by the company itself.