Seaniemac International Ltd (fka BETS)

[Drugdoctor]

No, they can convert part of the loan to shares even during the period of the term of the loan.. That's what the notes to the financials were and where the extra shares from 50 million to 60 million came from... but they can only convert up to 4.99 percent, or 3 million shares at any one time, so right now, the trading volume seems to have no problem with that, if indeed, some conversions have happened...

One more time Braden... remember,,, CYBL has convertible loan and outstanding share of 550 million shares, SWVC has over 550 millin shares... Both ran from less than .003 to over .04 in the last couple of months... that's over 1000% gains....

Do you understand why we don't care about a few conversions?

Now COPI has 1/5 the outstanding shares of those 2 companies...

And is heavily naked shorted.... There are a good number of experienced traders here.... are you starting to understand why?