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StockBang

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StockBang

Re: chunky-g post# 15501

Saturday, 01/14/2012 12:19:21 AM

Saturday, January 14, 2012 12:19:21 AM

Post# of 116986
I'm guessing at a minimum that share conversion paid off 1.8 million of the debt. The tricky thing is that BD was able to do some creative things with their shares, so they could have made the money shorting or whatnot to pay off the debt once they were officially assigned. I'm not very versed on corporate financing so I'm not sure how that would work.
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