PositiveID Corporation (fka PSID)

[greaseyfingers]

If PSID is indebted 14 Million-dollars to Ironridge, as you mentioned..

I wonder how many Millions of PSID Shares that amounts to, that Ironridge will be selling off..

Tommy80 Wednesday, January 23, 2013 3:23:42 PM
Re: None Post #3628 of 3628

looking it ironridges website they still have psid in their portfolio.

so they still hold shares. who knows how many. they got about $14mil worth so that is a lot to sell off.

sounds like every time pps goes up it might be them bringing it back down.

what i don't understand is (Future tranches of the transactions will include conversion pricing based on the market price of the common stock at the time of the tranche, subject to a minimum conversion price of $0.50)

i copied it and pasted it from old news. can someone explain this???
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=83729891