they couldn't wait to get out. they....... were desperate. look, at even $10 million in convertible toxic debt.... and these scammers have issued $34,000,000.00 of it and we know where it converts, and we know the VWAP penalty for not paying cash, AMD they never pay cash, always shares.....
just take 34 CENTS and basically divide by two to account for all the interest, default interest and VWAP discounts.
that's 34 MILLION DOLLARS divided by SEVENTEEN CENTS! and we are assuming it can be done from these levels.... which it cannot.
BUT WE ARE BULLISH!
so 34mm / 0.17 = EXACTLY 200,000,000 more shares.
that's right folks. you're getting screwed for another 200,000,000 shares dumpage and thats the BEST CASE SCENARIO.
*sorry..... but while we celebrate the birthday of AMERICA we must correctly opine on the death of this fraud scam that hurts AMERICA while enriching the chainsmoker and his cronies.
