InvestorsHub Logo
Followers 22
Posts 3273
Boards Moderated 0
Alias Born 03/16/2008

Re: Haymaker1 post# 14830

Wednesday, 06/24/2020 12:27:18 PM

Wednesday, June 24, 2020 12:27:18 PM

Post# of 41426
Save the crapola for someone else. Try answering a more pertinent question. Were the terms of the note negotiated to a higher price to allow them to convert now. If so, what is the price and how many shares were issued?

We all know that LJ and DM don’t like paper. So they may be in “supporting “ the price. But this move looks be more than a few long term holders taking money off the table. This looks like paper being sold to cover a debt.

That being said this would be a good thing. To clean up the balance sheet. I doubt that BBI wants to do business with a pink non reporting company. Surely they have told Michael to clean up his act.

So how many shares and what’s the conversion price?