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Re: RDG013 post# 26496

Wednesday, 12/11/2013 1:19:21 PM

Wednesday, December 11, 2013 1:19:21 PM

Post# of 98667
"It makes no difference to the debt holders where they convert, as long as they can sell for a profit. Even at No Bid, the converters could make instant money selling at .0001 after converting at .00008. Fact is, the debt holders stand to make their best return if the stock goes to no bid, as every tick is more than a 100% gain for them on the converted debt to shares. A mini run down there gives them a windfall!"

How is that? They can only buy in at a discount to whatever the then PPS was. How exactly do they sell at no bid and profit? Look at the historical PPS. At 80% below the lowest PPS it's still above no bid. And just who would be buying if the CEO was such a tard as to let the PPS slip that low in what has been a profitable company?

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y