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dmatt

10/21/14 8:25 AM

#3438 RE: Alba89 #3437

it will go through as they need to cover all those notes + they need some wiggle room for capital or partnership. pps will rise on pr anyway, par value on the 2 billion is .001 i dont see a problem with the increase becuase these guys LOCK UP 50.1% anyway
the worst case is all those convertable notes hit the street and the O/S will be somewhere arounf 750 mill ..... so what lets move this thing forward.....
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maxxy118

10/21/14 8:59 AM

#3441 RE: Alba89 #3437

i would hope it goes through.. yes 2 billion shares is way too much and it might hurt temporarily and will give opportunity to prove itself.. dont want situation like $VIICQ.. where it refused to increase o/s and it skyrocketed and then went down and filed for bankruptcy.. ADMD is already deep in debt and it would not be good if they cant raise the capital