DealerAdvance Inc. (DLAD)

[Fred Kadiddlehopper]

Bulldog: You are right that the May financing survived the bankruptcy (but the others that you and your compatriots keep mentioning were in fact discharged in the bankruptcy of the predecessor company so they are irrelevant here. If you keep bringing them up you are exposing your bad faith attempt to mislead others.
Furthermore, as to the May financing, you conveniently fail to mention that there is a contractual limit on the conversion of the CDs.
Here it is from the same document you just posted:

ITEM 1.01

ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT

<SNIP>

The Investors have contractually agreed to restrict their ability to convert the Notes and exercise the Warrants and receive shares of the Company's common stock such that the number of shares of the Company's common stock held by them and their affiliates after such conversion or exercise does not exceed 4.99% of the then issued and outstanding shares of the Company's common stock.

There it is, in black and white. So stop being an alarmist and recognize that this is just an ordinary pullback. Even Charlatan had to concede this point over the weekend.
-Fritz