InvestorsHub Logo
Followers 79
Posts 4857
Boards Moderated 1
Alias Born 07/29/2005

Re: traderdon post# 3998

Monday, 11/23/2009 10:36:43 AM

Monday, November 23, 2009 10:36:43 AM

Post# of 17278
Traderdon....no probs - after all I dont know if I understood it correctly. I read the doc about three or four times. Its sounds crazy but I actually liked the structure of it as there is a part that prohibits dilutive or toxic financing.

Seems ribotsky in protecting his investment inadvertantly may have provided some degree of protection to retail investors by having clauses preventing the company from usual pinky shananigans.

elsewhere in the document, repayment of the loan is repeatedly mentioned, and it would not surprise me to see that loan paid off.

JMHO but it seems to me this company should not be on the pinks and may be planning a major move to get pps WAYYYY up there.

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.