Victory Oilfield Tech, Inc. (VYEY): If I read this correct, when the price i...

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togetherwegain

Re: paulenater post# 3079

Tuesday, 02/01/2011 3:23:59 PM

Tuesday, February 01, 2011 3:23:59 PM

If I read this correct, when the price is above 0.025 for 20 days the company can force the private investors to convert into shares. This would stop all further payments of 10% interest on the Debentures and leave the investors with shares instead. Looks a good deal for both sides

Togetherwegain

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