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Re: Gold Seeker post# 16625

Thursday, 04/04/2013 8:28:25 PM

Thursday, April 04, 2013 8:28:25 PM

Post# of 30046
Also, don't anyone attempt to say the lenders aren't selling. Where do you think the 42 million trade came from at the close?

The lenders only have to convert notes within the 45 day limit from the sale so checking the OS shares every few days will tell you nothing. After the share count increases, wait at least another 45 days before checking again.

It would be ablolutely STUPID for the lenders to convert more often and pay $35 each time. There are 7 lenders so converting on a daily basis would cost the combined lenders $245 each day or a total waste of 1.22 million shares. This is just a matter of common sense.

I have never shorted nor intend to have any financial interest in this stock. I am not connected with anyone who trades, shorts or has financial interests in this stock. I only post facts and my opinions. I do not post on IHUB with different aliases.

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