Followers | 14 |
Posts | 1591 |
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Alias Born | 02/09/2008 |
Wednesday, April 30, 2008 10:24:38 PM
Now for the most interesting part! Based on my research YA will NOT be looking at taking down any stock on the more than $3 million CD debt. As I understand it, YA and Tom agreed to the "Thank You" warrant of 134,600,000 share non cash warrant at .01 to not take down any more shares of the CD debt but to allow adequate time for Tom to pay the CD debt off in cash! With the increase in intrinsic value of the assets and subsequent share appreciation value of SWVC, YA will be able to sell the 134,600,000 at much higher levels than the conversion price of .01! *scotchfix
@Disclaimer I****M***H****O
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