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Snizzle

10/18/14 9:43 PM

#26628 RE: Rich #26626

Rich, there is over 1 mil. Dollars in third party convertible notes and a hell of a lot more than 3 of them......I supplied you with this information via a post on this very board and the fraud and research board just minutes ago.


Read the filings......

ForReal

10/18/14 10:33 PM

#26631 RE: Rich #26626

That may be true. But how many of those are going thru a $750,000 conversion and at the same time having other note holders convert? Sure, a lot of OTC companies carry a good amount of debt, but you can almost time when the conversions will occur and trade accordingly. When a huge amount of debt is being continually converted it is near impossible to get any kind of upward movement of the stock SP before it is stopped cold by another influx of shares dumped into the market. Compound that with PR's that only say what the company hopes to do or is gonna do and you have a recipe for losing any money you may spend buying shares.

But Rich, you have another opportunity to show me wrong here. All you have to do is provide a current example of a company going thru a debt conversion like STLK and investors are making money trading it. Easy to say there are many companies that are in worse shape and investors/traders are making money on it.

Snizzle

10/18/14 10:44 PM

#26632 RE: Rich #26626

Rich, somehow the public float went from 39mil. To well over 400mil. in a matter of about 6 months.


How do you suspect that happened? Are you stating that the BOD has sold that many shares into the market in 6 months?


Or......

Is it third party convertible notes converting that has increased the float by well over 1000% in the past few months??