They know exactly what MCLN will do.
They are getting perferred shares!!
Preferred shares can be converted to common share.
Check the conversion rate for MCLN series C preferreds.
They even get Warrants on top of that.
It doesn't matter what MCLN does as long as they can sell their shares when converted.
Did you see any restriction?
The traunches are controlled by MCLN.
The Conversions are not.
Why, and who paid $50,000.00 for Biomed publicity?
Why did the Fund sell $2,000,000.00 worth of stock at increasingly lower prices in a couple of days?
That $50,000.00 fee would be like commission to them or you and I.
Are they the Third party?
Watch for more filings.
Just a few things to think about.
The Gap is filled and the charts are shifting.
Shouldn't we be up huge by now with this GREAT NEWS?
Why are we treading water?
Watch your charts and the Buy/Sell Ratio.
Let us know if you figure it out.
MUST HOLD .034(5dma)
Watch the ADX(1), ADX(2), CMF(2), AccmDist/sma(8), and the 2/3/4dma crossover.
Good trading to you...
