Replies to post #30963 on Mindpix Corp. (fka MPIX)

[Toxic Avenger]

They paid $.0009/share. Looks like they're as screwed as retail, unless they can really pump this back up.
Death spiral shorty still has the best deal of all: "During the six months ended June 30, 2014, the Company issued a convertible notes with an aggregate face value of $120,000. The notes mature one year from issuance, bear interest at annual rates ranging from 8% to 10%, and are convertible into common stock of the Company at the option of the holder at a conversion rates equal to a range of 30% to 50% of the average of the lowest five closing trading prices of the Company’s common stock during the twenty trading days immediately preceding the conversion date with reset provisions on the conversion rate. "