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kd1911

03/16/15 8:18 PM

#9088 RE: questionmicros #9079

Intestining stuff. I had to read up on death spirals and toxic financers. So that's probably the deal with IBC funds who got a judgment against OCFN, or more accurately had a settlement agreement approved by a court? I was reading about loopholes where these financers can get all kinds of shares issued to them at substantial discounts, often 50% without the company having to report it as long as it's approved by a court. They get it in small bites and there are adjustments for drops in share price so they aren't hurt if the price goes down, if there are reverse splits, or whatever. They keep getting shares at a discount and then they dump them. So I guess maybe OCFN has deals like this with several of these groups at once, these pawn shops for penny stock companies?