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Re: DawgTrading post# 12375

Friday, 02/17/2012 12:14:34 PM

Friday, February 17, 2012 12:14:34 PM

Post# of 44235
Nope, they are taking their money and running. The convertible market works like this: They are investors directly funding Roy and Attitude Drinks for n millions of dollars. They get compensated in shares well below the current market price (like 0.001 etc.). Then they can "cash out" those shares for cash money at an agreed upon point in time. Guess when all of the convertible notes are due? March 31st. Expect things to get more diluted before they get better. Good Luck! ATTD

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