InvestorsHub Logo
Followers 583
Posts 77739
Boards Moderated 5
Alias Born 07/12/2010

Re: starfighter post# 97790

Friday, 09/07/2012 8:30:23 AM

Friday, September 07, 2012 8:30:23 AM

Post# of 118202
They already sold them.I dont think its any great big stock market ploy.They had a loan issued shares for debt and the third party person sold them to get their profits.

The investor has converted a portion of the debt obligation into 52,983,987 shares of common stock on a restricted issuance basis, which has been sold by the third party investor under Rule 144.

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.