Replies to post #20208 on Green Parts International Inc (fka GNPT)

[Vector93]

We literally won't know until May when the next 10Q comes out.

[X1000]

so lets say on that September there is 3.8 million$ of convertibles, then he added another 30 million shares on the 22nd December
lets assume that the 3.8 million from September is half gone threw the lender selling , then there is at least 1.9 million in debt left over and then minus the 5 million loan they are left with approx. 3 million $ , now why did they need the money from toxic lenders if they are cash flow positive ? expansion , and the loan might be a great thing but doesn't mean its that great because im thiking that they only lent them the money on collateral which they did , against his house and prob some of the equipment I guess that's a good thing , did they say what the money was for ? and they also right before the loan , raised the A/S didn't understand why anybody ?

[ppcap]

Even if all future notes were consolidated with the SBA any note that had reached maturity prior to this refinancing would still be out there.

Not all note holders convert the same way:
- Some short while dumping relentlessly
- Some convert on the lows but hold and sell into rallies
- Some trickle feed share into the market
etc, etc, etc

Whatever the case these remaining shares are being absorbed by the market and we're basing quite nicely.