We do not know the details of these deals. The shares may be non-dilutive like the Maxim shares for what we know. That means if the share price falls below they agreed to it will get trued up with additional shares. The million dollar Blue Citi note matures at the end of March converts at 60% of the lowest trading price of the previous 20 days. It doesn't matter what the price is they will get their money. Jason will not ever screw over his debt holders. Blue Citi most of all, and he has used them a lot over the years. He takes very good care of them and they take care of Jason. There is an endless supply of traders willing to buy into this story. Some even who have been screwed over by Jason once already. Price doesn't matter to them any more. Jason was making an acquisition deal for Dataexpress after the reverse split announcement last time when this was trading in the .002s. It is just a matter of more shares. He still has something like 4 or 5 hundred million shares to burn through before hitting the AS. The RS means he is simply done with this group of investors in my opinion. Plain and simple. When the price tanks back to a penny again after the reverse split traders like me will make a killing again just like last spring. LOL. Yes, only a year ago!
News 
Market Data 
Discover 
AI
