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Saturday, March 16, 2013 11:33:58 PM
If your read the complete documents on the SEC site you clearly see that the conversions are @ $.35 for C notes ( market average for the past 3 weeks) $ .50 for A notes $.75 for B notes. Is that not clear? those are exact not variable numbers and premium to current market. They have to get the sp above that to be in the money.
Regarding a lower raise amount, I don't think you can get Hudson Bay , Iroquois or Barry Honig to sign up for chump change investments for under $1 mil. It's not worth their time or money.
Finally the value of these successful IP bankers reputation to a small cap IP play is invaluable. So the answers to your repeated questions are clear and transparent to all to see and many have made the correct interpretations of the potential valuation and exposure lift this deal brings to WDDD.
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