Replies to post #14956 on HydroPhi Technologies Group Inc. (fka HPTG)

[allenc]

Exactly and great point. I am definitely in agreement with you there

$$ HPTG $$

[WealthWithoutGreed]

Exactly, why would the company buy new assets and jeopardize the share price by ignoring convertible debt. They surely have their own interests in mind as well as ours.

But even if the debt converts and we max out the shares to 625 mill this company is still worth $.03-$.05 a share based on .7X-1.0X Price/Sales ratio average of the trucking industry.

Remember, Authorized shares need to be enough to cover conversions. So the 625 mill is enough to cover all the convertible debt. Right???

IMO there is no way management will buy equipment and land for $2+ mill at the expense of letting all this debt convert. They will take care of the debt.

We will see what's really going on by the end of next week in the 10-K.