Atlantic Power & Infrastructure Corp. (AWSL)

[Ricosauve]

They were granted 600k+ shares a a settlement fee....since they had no cost basis....they could sell that first lot for whatever price they could get....it appears that about a million shares were converted in addition to the 600k....at .015 conv price that would pay off $15000 of the debt....they won’t convert big tranches until volume picks up and price stabilizes....Ceo seems a little disconnected with reality when it comes to these 3a10s in pennyland ....this could have been one of the best stocks of the year without that damn 3a10....

I would have to think these guys must have some kind of plan to get price up....I guess we need solid fins out first....then acquisitions....these debt settlement companies need to stop routing thru Otcx all of the time...it scares away many people when they are on ASK...You are right that they can convert more at a lower price ...during the lookback period each time....