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