![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Tuesday, December 06, 2011 1:26:51 PM
It will cause dilution, but G3 say they will NOT dump the shares on the market for a whole year.
Much unlike the rest of the Convertible Debentures, that get converted at 45% of the going price, and get dumped on the market every trading day.
The CD impact on the market is way worse than anything short-sellers could ever do.
PVSP had $1.5M (one and a half million dollars) worth of convertible debentures outstanding last quarter. Even after you remove $400K of that total( about 66 million shares), that's still an awful lots of shares waiting to be dumped on the market.
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM