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StockItOut

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Re: jross34 post# 31554

Thursday, 09/27/2018 4:06:09 AM

Thursday, September 27, 2018 4:06:09 AM

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The result of the lowering of the (reserve shares’) conversion price is that Helios & Matheson now has to set aside more shares for those notes than it can issue in total.

.
Helios selling shares required to be set aside means the company is in default to the notes.


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