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Urbanlegend

06/23/17 5:44 PM

#7275 RE: grantastic #7274

You're probably right. Just wondering how attractive debt you can convert at a discount to, say 0.001, is?

Urbanlegend

06/23/17 6:45 PM

#7276 RE: grantastic #7274

Just thinking out loud again -- but some of the debt was retired prior to conversion. Since there is no revenue or other income, that's swapping old debt for new debt.

What's the Ponzi limitation here? Ponzi eventually would run out of postal coupons to trade in. But here, can MaxD endless issue convertible debt for as long as there is a market to convert in to? (Zeno's arrow?)