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Re: matt51 post# 897

Wednesday, 06/13/2018 9:02:58 PM

Wednesday, June 13, 2018 9:02:58 PM

Post# of 3740
I have been in and out of several penny oils so I understand the game of selling shares at a discount so the buyer can unload at a higher price and maybe even hold some. These companies can't alwasy borrow from banks just yet.Latter they can sell secured bonds at a better price especially if they have a convertable clasue.