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standintall

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standintall

Re: JHop post# 17683

Monday, 12/19/2011 4:09:30 PM

Monday, December 19, 2011 4:09:30 PM

Post# of 23361
Dream on bro... Sunlogics does not have an exclusive anything with GM that I know and Sunlogics long ago made it clear it was going to sell its revenue producing assets to other entities.

Before you get all giddy over this news, don't you think it would be a good idea to find out the terms of the debenture? What if those debentures were convertible at say.... $.01 per share? Still a good deal then?

What if they were convertible at 70% of the bid?

This was a bad deal when it was set up.. it's been a bad deal ever since and it's still a bad deal now. This is only for suckers.
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