InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,567.19
(
1.06%
)
US TECH 100
19,828.00
(
0.95%
)
Dow Jones
39,375.87
(
0.17%
)
Brent Oil
86.10
(
-0.47%
)
Bitcoin
55,296.08
(
-0.99%
)
Post# of 7810
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

yogowypi

Send PM Follow Ignore
Followers 1
Posts 555
Boards Moderated 0
Alias Born 06/02/2010

yogowypi

Re: frankie_fillet post# 1297

Thursday, 04/21/2011 9:08:31 AM

Thursday, April 21, 2011 9:08:31 AM

Post# of 7810
What exactly does this mean? Are they going to dilute to cover the payments? Why not just dilute to get the cash?

The initial note provides a $1 million consideration in the form of cash
payments to be made to Silver Dragon according to a funding schedule expiring
180 days after an effective registration statement covering the resale of the
shares of common stock issuable upon conversion of the note, assuming certain
share volume and prices are met.

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

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up