InvestorsHub Logo
Followers 40
Posts 2288
Boards Moderated 1
Alias Born 06/06/2012

Re: gibbon1 post# 71620

Friday, 12/27/2013 10:42:26 PM

Friday, December 27, 2013 10:42:26 PM

Post# of 81315
Who is issuing them all these shares? Everything has to go through the stockholders before anything can happen. As in, the stockholders/ board have to agree to a price to pay off the debt with shares. thinking into it, 500k at .3 would be reasonable when the price was at .5 weeks ago and it touching 2 dollars a little while after that. 1.6- 2.5 million shares issued to pay off the debt would be reasonable. Though, i believe that we could raise the funds and pay it off with cash, except there wasn't enough time. Where the heck does 400 million come from? No one with a brain is going to issue 400 million shares at .0001 to these SOBs. Something is wrong here, very wrong.