InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,180.74
(
1.03%
)
US TECH 100
17,588.00
(
-0.12%
)
Dow Jones
38,852.27
(
0.46%
)
Brent Oil
83.02
(
-0.55%
)
Bitcoin
63,869.35
(
1.11%
)
Post# of 26178
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Surwin

Send PM Follow Ignore
Followers 15
Posts 6456
Boards Moderated 0
Alias Born 11/26/2014

Surwin

Re: PennyWorld post# 23106

Wednesday, 01/16/2019 7:29:56 PM

Wednesday, January 16, 2019 7:29:56 PM

Post# of 26178
He has not resorted to rinse and repeat because he did not need to, like I said it is what happens at the end of the road when one can not bring in new investors and new money and that is where VLDI is right now.

Just imagine how happy those preferred A's must be that brought in about $1.225M a few years ago with a .10 conversion option. They nailed it when they demanded twice their money back in a liquidation and first preference.

"Sarcasm is the last refuge of the weak mind". (Dostoyevsky) and "The important thing is not to stop questioning. Question everything" (Albert Einstein)

Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

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.

Sign Up