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Stock_Barber

11/10/17 9:42 AM

#147880 RE: LOVE*PINK #147877

"why buy own company shares at .0161"

Seriously?

They bought it over 2 years ago when the price was MUCH higher!

otterman

11/10/17 10:13 AM

#147883 RE: LOVE*PINK #147877

A) They DIDNT BUY anything. These shares were awarded to them as remuneration of sevices.

B) These are PREFERRED SHARES and CANNOT be compared to the common shares that we own.

C) They are convertible to common shares at something like 73 to 1 (can someone confirm that?). That equals MASSIVE DILUTION to us if thet ever want to cash in these shares and get paid.

Theres your KNOWLEDGEABLE and FACTUAL answer.