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rcaselli

04/27/17 9:18 PM

#114276 RE: cindylouwho #114274

Plus I'm sure they take average volume and react accordingly. This isn't designed to be predatory. Some days it's ~1M, some days maybe a little less or a little more. It all works out in the end because we are also growing and expanding during this growth stage.

The Whale

04/27/17 9:18 PM

#114277 RE: cindylouwho #114274

I've handed the matter over to your assistant to analyze for the evening. She will be late to work tomorrow until she resolves this for my team.

ICNB

dolby

04/27/17 9:23 PM

#114281 RE: cindylouwho #114274

TOUCHE.

Drugdoctor

04/27/17 9:27 PM

#114283 RE: cindylouwho #114274

Why-the-DEBT-CONVERSION-NEWS-is-GREAT-for-ICONIC-SHAREHOLDERS!

Since 10% of the average daily volume can not be exceeded, let's look at the average daily volume... It's about 10 million shares...

That limits the converters to about 1 million shares per day they could sell... Therefore with 482 million shares.... it would take them 482 trading days to sell all 482 million shares... That's about 1 and 1/2 years folks.... So if they were to pound the bids, they would not get a return on their shares.... So they will be SHAREHOLDERS, just like us, for a long long time...

So old DEBTHOLDERS are now INVESTORS.... And if the company does well, we all do well!