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S&P 500
5,460.48
(
-0.41%
)
US TECH 100
19,180.80
(
-0.43%
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Dow Jones
39,118.86
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dndneph

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dndneph

Re: iblong2 post# 9920

Tuesday, 09/21/2010 3:24:21 PM

Tuesday, September 21, 2010 3:24:21 PM

Post# of 130743
Shares are restricted and there will be a moritorium on conversion is my guess. This will allow shareprice to increase dramatically in the meantime and when conversion finally does happen, the ratio will be minute compared to now. Think about it. If shareprice is 10x what it is now or 100x the debt conversion ratio is reducing by that amount in linear fashion, massively reduced.
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