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Re: Bulldog2 post# 12127

Thursday, 12/29/2011 2:28:03 PM

Thursday, December 29, 2011 2:28:03 PM

Post# of 80868
This is a surprising move in that MSLP filed an amended S1 this morning and on 12/16 it appears Inter-Mountain converted 40 Million shares. The maximum allowed under the 10% stock blocker provision. The good news MSLP issued no new debt. MSLP is close to clearing 100% of the convertables and 2012 may slowly bring a PPS spike.... My guess at Inter-Mountain is based on the 10% of shares being issued and the conversion price fits the loan agreement.