Replies to post #79166 on DD Support Board and Research Team

[Arthur]

Another company I follow, HPNN, proudly announced they had converted all of their $7M of "long-term debt" into a still-undisclosed number of convertible preferred shares.

This is presented as a great benefit for shareholders: all the debt vanished into thin air !

The HPNN Class D Preferred Shares happen to be Reverse Split proof.

[oxnous]

You would think that that kind of move would be illegal. Doesn't the SEC see these things?

I know--they have limited budgets and resources.

Probably sue them in a few years.