InvestorsHub Logo
Followers 52
Posts 2087
Boards Moderated 0
Alias Born 03/30/2016

Re: zombywolf post# 35399

Sunday, 05/26/2019 11:18:29 AM

Sunday, May 26, 2019 11:18:29 AM

Post# of 63476
And they are terminating 20000 preferred shares which were convertible to 2mm common

And eliminating and or reducing significant convertible tranches

And it releases the put back feature

Like the company says it reduces liabilities and sets a fixed conversion by doing so, reducing the arb shorting from concert holders


Everyone is aligned with common shareholders basically, since now the debt and preferred holders are long the common like us.


This is a winner any way you slice it
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y