InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,463.54
(
0.08%
)
US TECH 100
18,493.20
(
-0.14%
)
Dow Jones
40,539.93
(
-0.12%
)
Brent Oil
78.87
(
-0.35%
)
Bitcoin
66,610.49
(
-0.32%
)
Post# of 30387
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Gold Seeker

Send PM Follow Ignore
Followers 29
Posts 9421
Boards Moderated 0
Alias Born 04/30/2006

Gold Seeker

Re: None

Wednesday, 09/05/2012 3:57:10 PM

Wednesday, September 05, 2012 3:57:10 PM

Post# of 30387
The next loan from Asher is convertible on October 15 for $32,500.

The Asher loans convert at 58% of the current 5 day average. Based on the low for today, that amount will convert into over 37 million shares. Without the reverse split, I don't think Moro will have enough authorized shares to cover the loan.

I have never shorted nor intend to have any financial interest in this stock. I am not connected with anyone who trades, shorts or has financial interests in this stock. I only post facts and my opinions. I do not post on IHUB with different aliases.

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next
Join InvestorsHub

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.

Sign Up