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MN Penny Trader

05/25/15 10:26 PM

#11036 RE: RiverNorth #11033

That would be great news and I would have to believe that would lead to one heck of a rise in pps.

VST7

05/25/15 11:22 PM

#11077 RE: RiverNorth #11033

MOST DEFINITELY! The only reason the A/S is so high is because the Previous Management was a joke & had Toxic convertible Debt. But this New CEO PAID-OFF the Toxic note and that means NO DILUTION!!!!!!!!!!!!!!!!!!

So since there is not gonna be any toxic debt allowed to convert here, there's no need for the high A/S.