Replies to post #17649 on SiNtx Technologies Inc (SINT)

[sp5]

I thought the 80 th day was August 2nd based on the closing date of May 14th.

[OhManIDied]

Importantly, they traded their plan and accepted the risk that a significantly positive material event might happen prior to the 80-85th trading day.

It appears that they will ultimately cover whatever remains of their lost position (whatever they can't sucker retail into selling to them down here), used to take the price down, when they convert at floor price.

Same deal as the shorting from $4 to concert with the series b and warrants..

OMID

[boston745]

Except OMID they cant convert very fast and in the event of fundamental transaction the conversion price adjusts upward for a reasonable profit.