Seaniemac International Ltd (fka BETS)

[Capital Gains]

Thanks for the support...bornlong...but it's not my theory....it's called the theory of Convertible debentures...and I've taken several courses that have described how they work for all parties...and the pitfalls...You need a password..which I have for school....but you get the point...there's a lot of analysis involved in these structured finance agreements...it's not just Darth Vader lending out money....There is a such thing as toxic financing...but with set dollar amounts that are known...a Low O/S to start with....and a maximum percentage of outstanding shares limitation like ours at 4.9% makes it so that although this isn't the ideal financing....it isn't toxic.

http://links.jstor.org/sici?sici=0022-1082(196603)21%3A1%3C35%3AAAOCDT%3E2.0.CO%3B2-2