Replies to post #71231 on Herborium Group Inc (HBRM)

[Helter Skelter]

$1.17 million debt gone...HBRM

[soupoftheday]

30 cents - Once the market price of the company's common stock rises above the conversion price, it may be worthwhile for the preferred shareholders to convert and realize an immediate profit.

The conversion ratio shows what price the common stock needs to be trading at for the shareholder of the preferred shares to make money on the conversion.

https://www.investopedia.com/articles/stocks/05/052705.asp

[chrisduo]

Wow monster buy

[tabbycat]

Looking good