Folks are getting more confidence and either cancelling their orders and moving them up.... Just some NEWS and this whole dynamics will be changing here.
It was 275m for a good part. It’s been steadily shrinking since midweek. Getting ready.
standard ploy when buying stops, drop ask to lure in buyers.
4,412,047,395 o/s as of 11/2/2017 berge just raised a/s by 1.5 billion stating it wasn't enough to finish the convertibles
if the 1.6 billy left in the a/s wasn't enough and he added 1.5 billion more it's safe to say at the low low low end 2 billion more shares will have to sell before notes are done. Is he finishing off the notes as a good will gesture? (lesson learned some say) Or is he racing to finish them off so he can reverse split again? How will he clean up the accounts payable and massive credit card debt? How will he fund expenses without more toxic financing? He trimmed expenses big time from q1 to q2, 139k vs 56k, but one can't help but think that expense haircut was only because he can not take on any more toxic debt with no-bid for most of 2017 He swore off asher toxic notes years ago, only to take notes from everyone else since then. only a blockbuster deal would rescue this ticker and he gave no indication he had any such thing in the works.
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