InvestorsHub Logo
Followers 8
Posts 1678
Boards Moderated 0
Alias Born 08/06/2010

Re: Wolverine1997 post# 90659

Monday, 05/21/2012 2:06:45 PM

Monday, May 21, 2012 2:06:45 PM

Post# of 118202
Take a look at the recent 8k:

The assigned portion of the principal note has a conversion rate at an approximate 45% discount to market and, without taking into account the conversion of any of the interest to be earned or converted, represents the potential issuance of 150,000,000 shares, limited to a maximum conversion right at any one time to 4.99% of the then outstanding shares of common stock of the company.


Nothing bogus about it unless they're lying to the SEC.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.