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Re: None

Thursday, 01/31/2013 2:04:25 PM

Thursday, January 31, 2013 2:04:25 PM

Post# of 130513
The .10 conversion price on the new financing is intended to try to keep the share price where it is now before the major secondary offering is announced.

Whatever portion of the $1.4 million that is utilized will be more than likely paid back to the with cash from the new funding and not by converting shares at .10.

Why would they convert shares at .10 when the new secondary will probably involve shares purchased in the .07-.08 range or lower?

All imho.