InvestorsHub Logo
Followers 0
Posts 708
Boards Moderated 0
Alias Born 04/04/2009

Re: phoenix69 post# 207625

Tuesday, 01/26/2010 3:26:03 AM

Tuesday, January 26, 2010 3:26:03 AM

Post# of 326356
Gee, now what would that be worth if they weren't doing a reduction of par value or Reverse Split? lol and couldn't convert to common all of the outstanding debt. You obviously don't understand how YA Global operates. WHEN THE PPS WAS @.02 - .03 -.04 100/200/300% RETURNS WEREN'T GOOD ENOUGH FOR THEM. No, they had to go and convert below par for higher returns and convert in excess of their 4.99% restricted limited... Both illegal activities BUT THEY DID IT. So, no we will just agree with your logic and completely disregard the facts and hope for the best lol

You still don't quite get the point and no matter how you spin it - its still a reduction of shareholder equity. Why is that so hard for you to comprehend? YA has enabled itself to squeeze every ounce of value they can out of it. Its quite simple...

And to answer your question well YA Global would just squeeze more being that they would introduce millions of warrants on a cashless basis thereby further reducing shareholder equity. Don't worry you will catch on... Most do!