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maz1978

04/16/16 3:26 PM

#48359 RE: trades4ever74 #48358

They made massive profits at a higher level and sold all the way down... Now they are reloading to sell it on the way back up...toxic converters have no interest in holding anything long term...toxic notes are designed for the note holder to make good money regardless of the PPS. The most important part is the fact that once this note holder who holds very minimal is done we never deal with this crap again...that's a very important fact considering most OTC company's are constantly dealing with dilution.

Look around and see how many companys on the OTC are siting with 5 mill in the bank and have no interest in future lending and are sitting at such a ridiculous pps
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carsalesman

04/16/16 3:27 PM

#48360 RE: trades4ever74 #48358

CD holders don't give a flip about common shareholders or charts. they got their shares at 60% discount. With an active ticker, A $50,000 loan with convertible shares makes these CD holders $150k or more. (sometimes millions)
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carusso

04/16/16 5:16 PM

#48400 RE: trades4ever74 #48358

According to what others have stated on this board, the toxic note holders received 2.2 billion shares in exchange for a loan note worth $284,000, which means, shares were granted at value of approximately .000129. So, if they sell them at .0004, they have 300% profit immediately. At .0002, they have over 50% profit immediately. They have already sold lots of their shares at 3000% profit, so no harm to them to make only 50% profit on a minority of the shares they were given. A raw deal for retail investors in the near term. Worse, is they now control the daily trade for as long as they want to, and they can short with little risk depending on how they allocate or distribute their shares.