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nikitze

10/01/19 9:19 AM

#51206 RE: Woody73z #51205

Have you read conversion terms for October?


50% of the lowest trading price for the fifteen trading days prior to conversion day

Converstion day is October the 24. What will be pps the 15 day prior conversion day assuming we are at 0.0018? So, not much time left and not much choice either.
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Cbrnlol

10/01/19 9:29 AM

#51215 RE: Woody73z #51205

They lack positive cash flow and conversion will happen if not current..... they are behind 2x 10q.... conversion of notes is a given
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JstnDFW

10/01/19 11:10 AM

#51250 RE: Woody73z #51205

Read the 10k. They aren't allowed to convert over .001