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Post# of 75794
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Re: decouverte d Elbe post# 5140

Wednesday, 04/06/2011 9:57:36 AM

Wednesday, April 06, 2011 9:57:36 AM

Post# of 75794
Actually, it doesn't say that exactly... It says that they're shares are convertible/break even at .625 cents per common share. Nowhere does it say that they have 2.5 million shares. It just says their 1.6 million In debt was converted to preferreds. We have no idea how many they received. It may not be a straight 1:1 number. For all we know they could have received 4 million.


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Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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