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MRCOVENANT

10/18/17 11:20 AM

#23420 RE: BeeDoubleU #23417

WorldFlix, Inc.
18 hrs ·
Explaining Debt Conversions: when most public companies take money from finance companies in the form of convertible debt, often those companies are able to convert the debt at discounts. To protect themselves, these companies often put a large amounts of shares into reserve with the transfer agent. These shares in reserve, are not able to be sold into the market automatically. They first have to be requested from the company and authorized by the publicly traded company and Transfer agent to convert into free trading shares. They're done at a small fraction at a time so there is never one large block able to be sold.
Large amount of shares held in reserve are not a threat to shareholders that any large amount can suddenly be dumped into the marketplace at one time. In fact, there are strict rules and guidelines that these companies have to adhere to to make sure that doesn't happen. If you have any further questions, feel free to contact us directly. Thank you.


I see this on Facebook ... So there is Hope