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koen2

10/18/16 9:54 AM

#24654 RE: marcinq #24652

Nope aint going to happen

Probably in the subs.
Lenders dont care
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keekee

10/18/16 10:01 AM

#24656 RE: marcinq #24652

By stopping their dumping here suggests that no new shares are being issued this week. Now that may be why they made that $5.3 million convertible subject to deferral. They took the stock down so fast that they I mean the lenders are now bagholders regarding that balance. Even below one cent they cannot even realize one million dollars. That is why I stated that GBSN are fools. They copied that clause from RGSE but if you look at the RGSE agreement, they put in a floor of $1.10 or so that the lenders cannot get below. That way, if anyone wanted to buy, you have an idea where the stock could go. But here...they just asked the lenders to take the shareholders out if they could. And they did.