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Re: krw57 post# 6493

Thursday, 09/02/2004 3:51:44 PM

Thursday, September 02, 2004 3:51:44 PM

Post# of 23712
as I said.. Death spiral financing, possible at these low prices if there is enough stock available, and there certainly seems to be thanx to that deft move to up the authorized shares to 100,000,000 + 750,000,000, or is the total only 750,000,000?
It has all the ingredients.. a company deeply in debt, borrowing money with nothing but stock as collaterol, convertible debentures are the final nail in that coffin...






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