Strattner Financial Group (SCNG)

[neoboarder]

Something positive from yahoo..

says Dennis McLaughlin III 21-Jul-09 10:31 pm From a 2008 article on PIPE financing;
http://www.usnews.com/articles/business/...

"When they're desperate for dollars, entrepreneurs might agree to overly onerous terms, offering the stock at too deep a discount or allowing for rampant short selling. Worse still, they often agree to floating conversion rates. "That basically means that investors can convert into an infinite number of shares, and there is no incentive for them not to push the share price
down to gain liquidity," says Dennis McLaughlin III, the 42-year-old CEO of Earth Biofuels, a Dallas producer of renewable fuels with a focus on biodiesel."

Sound familiar?

grandpafox
55/Male
AzRedRocks