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specutator

12/15/14 2:30 PM

#61679 RE: Airdawg Investments #61675

If shares were issued at the time money changed hands, it would be called a secondary offering, not a convertible debenture. Then what you said would be accurate.

However, with a convertible debenture at the time of signing, the number of shares would not be known as they are tied to an average closing Bid price at the time of conversion.


zekeman

12/15/14 4:19 PM

#61689 RE: Airdawg Investments #61675

U just seem to be reaching for OLD stories from past posts & posters!! The "gagged TA" issue was explored months ago & proven to be a non-issue - MANY posters including MYSELF called up the TA's of other penny stocks we owned & virtually everyone gave the same canned response .... "It is our policy to only disclose these figures to authorized officers of the company." This was a policy change effected some 15-20 yrs ago by the TA industry. zeke