Replies to post #4699 on Airborne Wireless Network (ABWN)

[gempicker]

VWAP

82.5 % VWAP over 5 days is much less toxic vs. typical OTC deals. Lots of times it is 60-70 % lowest price..

Difference between convertible debt and preferred shares with conversion rights.

How were they able to sell 8 million in convertible preferred shares with toxic notes on the books???

VWAP conversions are much more profitable in a rising stock environment. Could it be that all this shorting is part of a process to load up large equity positions, clear debt and begin a rising price environment for VWAP preferred to make much more bank on each conversion and reset valuations to allow for additional conversions of warrants down the road

If debt holders cleared out, it is just the company, their story and the preferred