If he starts to sell after converting you think the price will stay at 40c,30c or even 20c? Only if Solomon is willing to interfere and correct his ‘mistake’.Has not done anything since 28 Feb.
terrible. we warned everyone. reality is that even the FINANCING FEE was paid in stock! this isnt the last deal either!
yes: the VWAP conversion offers the "investor" an immediate 35%+++ return. over 8 months this plus the shares paid as "interest" it looks like a 70% interest rate or more.
of course he converts and sells. that's the POINT to make money. he will do another if he gets all his money back on this one.