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Re: mm107 post# 36377

Tuesday, 05/08/2012 3:16:14 PM

Tuesday, May 08, 2012 3:16:14 PM

Post# of 92769
You can't say whether he's deferring his salary or not. And those debentures are going to be converted to stock and there's no reason some of that money can't be used for his salary. Which goes back to the original point that the company can issue shares for salary even if it's through so called debentures.

It's back door toxic financing. 101 for investors.