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crookedneck

12/16/14 2:46 PM

#11027 RE: westeffer #11025

I wish I knew Wes, but I don't. My best guess is that the convertibles have to be very close to the end after doing some very rough calculations. Not sure where one would find out that kind of information. I do expect some news soon on their CBD initiative. Nice seeing you again Wes, Cheers!

wingtrade

12/16/14 3:18 PM

#11030 RE: westeffer #11025

the last 10Q showed 198,074 outstanding series g preferred shares of NRTI which are convertible into 250 common shares each. the series g preferred also have a 10% dividend tied to them. the issue here, imo, is not really those preferred shares... it's the discounted convertible debt they issued over $2 million of it the first 9 months of the year.