Replies to post #1506 on ExeLED Holdings Inc. (fka ELED)

[Dina]

It cannot go that low with the share structure, $100k convertible debt and with the way company issues shares.

I was in stocks with $2,4m Tarpon note for example, RXMD,
6 months ago, stock was up from .0016 to .08 during conversion.

If this is such a toxic death spiral, how does it come RXMD still trades .01 with a $2,4m Tarpon note?

Then DNRG with 365k convertible debt, which was up from .004 to .33 and still trades .09.

We all know PPCH, VGTL and many other stocks were also up with more convertible debt than $100k. All these stocks are still up.

And in case you did not notice, the way ELED dilutes is different to the stocks above. Company never issues many shares weekly and gives the stock a chance to recover. Company issues the same notes since January. This is very slow dilution compared to the stocks above!

The only reason here is, stock WAS unknown, no news, the first thing changed already, the second will change too.

$100k note, with 83m o/s is not a toxic death spiral.
I have seen stocks with far worse notes.