To foolishly ask why the bid is not getting crushed??? Do your homework...
http://www.stcloudcapital.com/portfolio.htm
St. Cloud invested in National Holdings Corporation, utilizing a combination of convertible promissory notes and convertible preferred stock with warrants. The Company, through its wholly owned subsidiary, National Securities Corporation, provides securities brokerage and investment services throughout the United States. It also provides corporate finance and investment banking services, including underwriting the sale of securities to the public and arranging for the private placement of securities with investors.
The bankers are propping up MLTO to stop a class action lawsuit. But you’re such experts I guess you already knew that!
If anyone is still holding sell it now before they file BK. I expect you’ll delete this to.
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