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StockGapper

08/27/15 1:39 PM

#35957 RE: Voices of Reason #35956

But they're paying. Sometimes when you can't pay you simply can't pay.

OWOO probably paid itself first. Well done.

nvidiaforgames

08/27/15 1:40 PM

#35958 RE: Voices of Reason #35956

OWOO gets better and better everyday!!

FACTSONLYDD

08/27/15 1:53 PM

#35961 RE: Voices of Reason #35956

Actually if you look at the typical conversion rate on these types of notes of 50% discount to market (lowest closing bid which is way more than 50%) OWOO actually came out better!

If Gel had been able to convert we all know that they would have beaten down the stock price to get better conversions and they would have made a ton more money and OWOO stock would have suffered.

Paying off the note via settlement was very, very smart indeed.

Or are you saying letting Gel convert would have been best for the shareholders? And if so, please explain how?

Hmmm.

Chocolate Al

08/27/15 2:17 PM

#35967 RE: Voices of Reason #35956

Somebody had a "beauty" of an idea.... OWOO is using Purchase Order Financing to pay off this judgment...

You know, borrow money to produce dolls AND pay off debt, but still make enough money on gross sales to pay EVERYBODY