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Tuesday, April 26, 2011 4:22:57 PM
Those shares in all likliehood were earmarked to go back to Meller upon completion of the new loan to Trey which got them out of YAGI. ie;part of the 26 billion he originally owned.
It would make no sense for them to go into another toxic debt arrangment.
8K or no 8K, I tend to go with the word of the CEO of SWK technologies on Twitter regarding convertible debt.
Those shares are most likely collateral on the loan.
All in all, I will go out on a limb (a short one) and say that it looks as though the ship may be turning in the right direction.
Just to be out from under YAGI is a huge positive!
JMHO!!
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