Replies to post #17300 on US Precious Metals (fka USPR)

[gnolfinvestor]

while we're discussing facts vs. bs

sec does not delist a company, the exchange does

usually, a company has 30 days delinquency before delisting is even discussed

[russo123]

I have personally done dozens of converts and never once was i not permitted to convert. and i did converts with companies more desperate for money then uspr was/is, and some that fell to the pinks for a variety of reasons.

if uspr found a ta that won't, all i can say is that's typical of uspr.

but if in fact their ta is restricting more conversions, then that will undoubtedly mean uspr is in default on their note and would probably allow for the convert holder to receive additional shares and/or some other type of compensation.

it's so funny to me how uspr being non-compliant in their 10q filing is viewed by some as a good thing.

a. they could face de-listing and 2. if they have a ta that won't issues shares, they are causing the terms of converts, that took uspr from .20 to .0035 to be even more toxic then they originally were.

and that's good?