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Wednesday, May 30, 2012 8:11:25 PM
Though the conversion shares on the loan portion are priced at a discount to market.
Problem is they need to raise money. Anyone they raise money from will want a significant discount to market. And that discount grows as the number of sellers gets larger. But once a lender gets a discount, all of the previous lenders get their shares and warrants repriced the same
But Dean must have a plan. He's not just a CEO, but he's a member of MENSA. Plus he had a lawyer assisting him to boot.
#1). You have money. Other people want it. All of it!
#2). You want easy money. So does everybody else. They'll get it, too....yours! (and all of it!)
#3). You tell yourself you're smart. You won't lose your money. Fact: Other people are smarter,
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