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zerohedge

04/18/18 1:50 PM

#135196 RE: andrewflying #135195

what happened to the ECAB loan???

*this is going to take the O/S to hundreds of millions......

in the meantime there will be dozens of other mini-financings. this makes sense. don't kill the "golden goose" when they're obviously doing this on purpose.

you do a few million. here and there. you run more stock promotions, "reinvest" in more convertible debt and convert and sell again.

when you get buried, you get the company to issue more convert debt to keep you in profits while they run more promotions with your hard earned cash.

they "might" create something of value but look.... theres a 10 year track record of value destruction. seems reasonable that it continues just like that.

the legal expenses for the last 90 days had to cost them their $600K balance sheet cash..... so you know what they need to do right away....

another "loan" just like this one!
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TheNorwegian

04/18/18 2:30 PM

#135201 RE: andrewflying #135195

everytime i hear about the convertible note i puke littlebit in my mouth...

I owned around 0,5 % of the company earlier, but it seems to be pushed lower and lower even tho i continue buying.

they are totally out of control and have no respect regarding other peoples values.

the dividend talk is very good step in the right direction, but when it materiallize it will be so tiny it won't even matter.