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emergingmarketinvestor

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emergingmarketinvestor

Re: Emilez post# 7523

Thursday, 11/24/2011 11:11:51 PM

Thursday, November 24, 2011 11:11:51 PM

Post# of 163722
Ironridge has no shares to 'dump'

I don't know who all understood the CC but the deal actually wasn't that bad. Probably actually a positive medium~long term.

If SIAF defaults on the loan Ironridge made to cover the A/P then they will be awarded 6.9 million shares. A default is about as possible as me winning the lotto IMO.
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