InvestorsHub Logo
Followers 144
Posts 22230
Boards Moderated 1
Alias Born 10/07/2007

Re: N.A.T. post# 242486

Monday, 12/02/2019 8:40:25 PM

Monday, December 02, 2019 8:40:25 PM

Post# of 255770
Happy Holidays NAT! As along as Canouse stays below 10% ownership of the o/s, he does not need to report anything nor is he restricted from selling whatever shares he gets from debt conversions.

Like most convert lenders, he will convert and sell, then convert again and sell.

While it sucks for shareholders, the flip side is that convert loans are the only source of capital to most pinks