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danlevitan

03/29/15 1:28 PM

#9546 RE: jesseakc #9544

Hdsi...cant see this going much lower...lol
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tob999

03/30/15 4:11 AM

#9566 RE: jesseakc #9544

Paul Rauner/HDSI had zero to do with the P&D orchestrated by toxic note holders and Mr.PumpnDump a cpl weeks ago. I repeat for the 4th time: 'they' can't do another P&D as they are OUT OF PLEDGED SHARES AT THE TA!

That said, the JABRO notes are now out of pledged shares at the transfer agent. They can no longer convert unless we let them. The conversion games are now over. We have a hedge fund currently offering a significant financing program (over three years not upfront) which will get this business profitable while minimizing dilution for shareholders(the company estimates it only needs $600K to get into the black).

They are also bidding to buy the JABRO debt and will agree to leak it out every month on a much less onerous schedule. We have 800 million shares internally that we can reverse into pref shares so we can pledge them to the new money. We won't do that just so JABRO can keep hurting the stock.