In Ovations Holdings Inc. (INOH)

[VeronicaFox]

MEXP Convertible debt

When a company takes on CONVERTIBLE debt, the payback terms are viewed by most as onerous.

With the quarterly reset of the conversion price to keep the conversion price close to the actual stock price, that ALSO INCREASES the number of shares that a debt holder gets in exchange, increasing the dilution of existing shareholders.

The debt holder continues to sell along with selling by other shareholders who decide to bail out because of the DILUTION & constant slide to oblivion.

Looks like exactly what MEXP experienced today, and truthfully has been experiencing for months now.

This continually weakens the share price making the shares unattractive and severely limits the company’s ability to obtain any new financing.

MEXP has OVER $1.2 million in convertible debt. Just this quarter, a new $700,000 convertible debt was ADDED to the quarterly.

MEXP has a non-ability to get out of the "triple-0 hole", accompanied by poor promotional efforts, and wild and rampant dilution. Plus the killer,

DEATH SPIRAL FINANCING, AKA Convertible Debt.

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