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Re: downsideup post# 113444

Saturday, 02/11/2012 2:21:01 AM

Saturday, February 11, 2012 2:21:01 AM

Post# of 165858
That is not at all what I said or meant. They do not need to walk the price down. Private placements are simply made at .0200 / per share. Why would this be any different? And why wouldn't Scott rather have shares then $. So you would rather have HKHE or some other private placement pay Scott his out standing balance in cash and then not use that cash to exercise options or add to his shares via private placement (I.e. invest in his own company). Conversion of debt to shares doesn't sound as nice as exercising options, but is essentially the same thing in this case. If this weren't a pink, then I'd expect him to buy in open market, but we are not there yet.