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Ecomike

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Ecomike

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Re: MR__B post# 10402

Monday, 09/19/2011 1:16:39 PM

Monday, September 19, 2011 1:16:39 PM

Post# of 24405
Keep in mind a drop in price like this had, on say a biotech FDA bad news day, is not typically accompied by a 10000% increase in the number of common shares OS, and YRCW has seen a 10000% increase in the OS as a result of Friday's stockholders vote that converted debt to 4 billion new shares!!!

The only bright spot, is they got rid of some debt. Unfortunately they added some debt and it seems kept some debt, and will be paying a hefty interest rate on that debt, while the economy goes sideways, and possibly down. So there is no clarity as to whether or not they will make a profit after the debt conversion.

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

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