Replies to post #814 on Mass Megawatts Wind Power Inc (MMMW)

[DeDe3]

Will do ~ company just confirmed: 'no death spiral financing'
gotta love that!!

In other news, the Company has declined and will continue to refuse convertible debt, also known a toxic debt. The “Death Spiral” or toxic debt is a loan that investors give to a publicly traded company in exchange for a note or bond with a right to buy stock at a lower price than the current market price. The conversion process results in the drop in the stock price.