![](https://investorshub.advfn.com/uicon/65225.png?cb=1555971359)
Sunday, May 24, 2009 1:47:54 PM
and Always has , for at least 3+ years.
The wnbd CEO EVEN JUST STARTED ADMITTING THAT HE IS
CURRENTLY USING SUPER-TOXIC "504's""
Nope, like most of your info, its WRONG and supported with NO FACTS... 504's are the financing vehicle here and we have filings and the CEOs word as PROOF... Im also capable of doing the MATH
Learning session for noobs: The word "toxic" when used with equity financing is when a large bond/debenture is sold and has "floorless" conversion. This allows the bond holder to sell/short the stock lower and lower and increase his shares due to it being floorless.
504's are sold as a tranche (discounted to market) to the financier and are not held as a bond. Sorta like a private placement, but with no 144 restrictions on when they can start selling.
From what i understand, 504's are much cleaner than convertible bonds/debenture (CD's), cause when the deal is signed you NKOW how many shares are being issued. Whereas the amount of shares needed for a toxic floorless CD are unknown at the time of financing....
PS: I wont expect you to stop making your wild unsupported claims. Obviously "some" like to post the worst case scenarios, even tho theres not a shred of proof that it exists with WNBD.
Alliance Creative Group (ACGX) Releases Q2 2024 Financial and Disclosure Report with an increase of over $130,000 in Net Income from Q2 2023 to Q2 2024 • ACGX • Aug 14, 2024 8:30 AM
Avant Technologies Unveils AI-Powered Healthcare Infrastructure to Deliver Intelligent Healthcare Solutions • AVAI • Aug 14, 2024 8:00 AM
SANUWAVE Announces Record Quarterly Revenues: Q2 FY2024 Financial Results • SNWV • Aug 13, 2024 7:11 AM
Kona Gold Beverages, Inc. Nears Completion of Reverse Merger with New Candidate • KGKG • Aug 12, 2024 10:00 AM
Maybacks Global Entertainment and DigiTrax Entertainment Sign Agreement to Broadcast "Karaoke Cloud" on iDreamCTV • AHRO • Aug 12, 2024 8:45 AM
HealthLynked Partners with RxSpark to Enhance Medication Access and Management for Patients • HLYK • Aug 12, 2024 8:00 AM