Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
7,413.12
(
0.16%
)
US TECH 100
28,441.20
(
0.54%
)
Dow Jones
49,492.12
(
-0.54%
)
Brent Oil
105.24
(
-0.50%
)
Bitcoin
79,319.42
(
-1.46%
)
News Focus
News Focus
Post# of 5964
Next 10
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Ecomike

Send PM Follow Ignore
Followers 744
Posts 63585
Boards Moderated 9
Alias Born 10/05/2009

Ecomike

Re: g-ianni post# 4525

Sunday, 01/16/2011 1:36:48 PM

Sunday, January 16, 2011 1:36:48 PM

Post# of 5964
Unless I misunderstand this, is this not a huge hair cut for retail investors?

"Each share of Preferred Stock has an initial stated value of $1,000 per share, and an initial conversion price of $0.25234"

"warrants to purchase an aggregate of 44,582,707 shares of Common Stock"

And what are the conversion rates for the prefferred? Too many missing details there for me!

Ambition with out knowledge is like ship in dry dock. Going nowhere fast!

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today