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Lowest trade in last 20 days was 0.0081.

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JoshTaeger Member Level  Wednesday, 10/16/19 01:24:43 PM
Re: Werbe post# 1453
Post # of 1653 
Lowest trade in last 20 days was 0.0081. Platinum gets shares at 60% of low, so that's 0.0049. That means the $60K note gets Platinum 12.2 MILLION SHARES if they already converted. BUT, Platinum is limited to 4.99% of outstanding shares, so that's 3.3 MILLION SHARES at a time. Still, at the current daily trading volume, that's a lot of shares that can be sold into the market and still make Platinum close to double its investment.

I'm here for the entertainment and to entertain. I'm certainly not here to give financial advice and anyone who thinks otherwise is a fool.
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