Solar Energy Initiatives Inc (SNRY)

[hot-penguin]

sorry buddy, still not getting your point. Either I'm just dumb (good probability) or you are just not explaining it very well.

you said: "If you raise the A/S by 750 mil. And you have convertible debt and your share price is .0003-4 the math doesn't work out.

Gelmon, even being the dbag he is, knows that the sp has to come up for all to work out. Otherwise he would have had to raise the A/S trifold from what he did."

... and then "I'm simply saying that he would have had to add a lot more than 750mil. To convert debt with a sp of .0003-4!

So, since Gelmon isn't stupid enough(maybe) to raise the A/S again before the initial A/S raise , he must be planning to run the sp up a bit."

Don't you actually have it backwards? It's obviously a lot easier to convert a lesser amount of shares at a lower price than a higher amount of shares (a higher amount of shares to convert would just take way more time). Why would an A/S increase of trifold the amount in question (so 1.5B instead of just 750M) be easier to convert at a lower price such as .0003 to .0004?

It don't make no sense to me.