1812 Brewing Company Inc (KEGS)

[AMERICAN_PSYCHO]

Floorlese convertibles do not apply to SWVC. Do you not understand?

xyz1002 said it best:

"The discussion about floorless convertible is not applicable here. Whoever is insisting on it is either half-educated on this stuff or deliberately misleading."


Posted by: janice shell
In reply to: newtrader2007 who wrote msg# 81958 Date:10/26/2007 8:49:24 PM
Post #of 81970

These can't be. Since the Cornell convertibles are floorless, they don't convert to any set amount of stock. Essentially, the lower the stock price, the greater the number of shares upon conversion.