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Toxic Avenger

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Toxic Avenger

Re: traderjoe3 post# 5806

Monday, 04/01/2013 11:49:58 AM

Monday, April 01, 2013 11:49:58 AM

Post# of 26648
No incorrect. A death spiral is a financing mechanism. It's already in place. It's the only way the company can pay its employees.
If there are no buyers, then the note holder can't convert.
If that happens, there will be no more convertible debt.
If that happens, there will be no cash.
If that happens, the company will probably shut down.

So it's between a rock (death of the PPS by executed death spiral) and a hard place (death of the company by unexecuted death spiral).

I receive NO compensation to post ANYTHING. I AM NOT short this stock.

"The world is a dangerous place, not because of those who do evil,but because of those who look on and do nothing". Albert
Einstein

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