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der_deutschetrader

06/17/15 10:47 AM

#115354 RE: brharris #115352

listen to the cc

the cfo said they would spend ~1.7 mil per month

if they raise more $ which they have to do to keep the lights on

it means more dilution

it's a catch 22

der_deutschetrader

06/17/15 10:49 AM

#115355 RE: brharris #115352

if they draw on the pfds. with the stock at 5.70 that means it will be converted at or near 3.8 cents