InvestorsHub Logo

1manband

08/28/16 9:01 PM

#48067 RE: Shortheidman #48066

I wonder where they're dumping all this



Whenever and wherever they can.

Even with significant conversions, the dollar amount of the issued toxic death spiral convertibles is not declining, but increasing. Besides issuing additional toxic debt, the conversions are being outstripped by the interest due which is unpaid and thus boosting the amounts due.

COWI's toxic debt has already driven the stock to no-bid twice before, and each time they did a 1-200 reverse split. And yet here we are again. Another reverse split is inevitable as the volume here at no-bid will dry up and they will need to reset the stock to entice new investors to buy the toxic conversion shares.

Lather, rinse, repeat.

Gunner3737

08/29/16 7:18 AM

#48069 RE: Shortheidman #48066

Increasing Revenue is taking care of any so called toxic debt don't be sucked in to not buying all the 0001's you can. Go COWI $$$$$$$