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cosmoworld7

11/02/06 2:14 PM

#51569 RE: ShysterChaser #51568

anything is possible Lycus, but the FACT remains very little dillution has occurred. :)
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ophelia

11/02/06 2:57 PM

#51572 RE: ShysterChaser #51568

Correct me if I'm wrong, but isn't it in the best interests of floorless convertible holders to convert at the lowest price possible, amass a huge number of shares, and then dump their shares after the pump?

Last time, the price dropped steadily to under 3 cents, then when conversions were complete, the pump to 27 cents made them a lot of money. That, along with the change in the pricing of the warrants from 15 cents to 5 cents.