I you buy that BS that alpha, (known toxic lender) is going to pay a friggen penny above market price, you're in for a surprise!!..
Warrants convert, at least for the time being it'll be a while till they do, 'maybe, lol. but that loan is going to suck any profits this company has. and payments all in dumped shares.
Typical warrant conversions are ALWAYS well below the market price. .50 cents, or 25 cents?? if you buy that you're on the road to losses!!
Read the whole loan contract till you discover the conversion rates.
and it's worth repeating what I said before.
>>>
If you're gonna trade this, you'll need to understand Spencer's history with WZE, currently FU.. 1st off you should know by now, Spencer's touted about acquisitions. He'll dilute toxic financing to do it. IF he ever gets done spending the million bucks he gave himself and your current CFO this past year. Maybe he'll bother himself playing with this, accordingly, this next quarter.
Regardless, Spencer has a track record which you can see how and what he'll do with FUTU. At least for the moment this is profitable, but,, he touted big, big plans for this in 2012,, it's likely that's why there's so little action here. I've been watching this since it began.. once he gets that going,, you can flip it as long as you've got a clue as to whenever he'll pull in financing and can bail into them before the dumps. There was always front runs aligned with big financing deals.. except he'd put the PR about financing deal out a day or so after the run..
most of it can be seen within the FU chart, before the acquisition. the very low prices came whenever Spencer needed to dump the toxic lender. He couldn't pull that 'acquisition' of (moreover a front reverse merger) they shorted the crap out of it which the IR's claimed was naked shorts. But once all was said and done,, the files reveled it was the lender dumping.
Of the worst, toxic lenders, dump it over and over then cover.
It's all in the WZE/FU files.. definitely a must read if you'll play anything Spencer deals. The only people who've made gains are insider payroll, options, award bonuses, and smart flippers.
I made a bundle off of the WZE to FU deal. .12 average too 32 cent bail, post R/S= 4 bucks. .. and run,, never to touch again, lol but watched, listened and read the many who cried for years inside the old WZE yahoo message board. , because they'd bought Spencer's hype. .
I've figured for years now.. the only reason a friggen software company bought into heath care was cause he's keeping family there free.. but no facts. the only fact is,, the WZE people got screwed years back whenever he did it, As WZE plunged from 2 bucks to .10 cent low. even today their (people on the old WZE yahoo message board, who'd bought and held it down for several years) pre-reverse split is about .36 cents. If yahoo hadn't moved it they'd still be whining. only 1 serious short lived there for years while several longs whined.
I.E. get to know Spencer seriously well so you can trade his hype.
1st off, Spencer has never planed to own a company that makes profit,, he doesn't give a crap about profits,, just getting his salary, more loans, and running a game,, his history tells all.
Do your DD and learn to survive to make the money,, virtually the same way he does,, sell the pumps and dump the chumps.
AI
Market Data 
Markets 
