Again you don't know what you are talking about... ARGQ doesn't pay them back. They issue them shares no sooner than 1 year from receiving the money at a rate of $.02 or higher.
Nonsense and not a prudent move at this time. The stock's PPS would have to be much higher and with an anticipation of moving to a major exchange to warrant a "reverse split". This stock would probably be in the trips with a RS. God forbid! Actually this was stated by management years ago. I think the goal is a listing on the NYSE.
ARGQ could issue another 425 ml shares before maxing out AS
425 ml x.02....is... $8.5ml...they aren’t borrowing that much money altogether so....there’s no need to panic here...plus, the conversions could be at a higher price as well....it won’t be until next year before any of the repayments are due...
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