Replies to post #219340 on DD Support Board and Research Team

[janice shell]

Yes, that was a clever workaround. Depending on who the financier is, though, the SEC may be able to go after him.

[1manband]

I reviewed Mullen's financials and I don't see any toxic notes currently issued. All the convertibles have floors.

The $18 million discount is huge, but they say it includes settlement amounts related to disputes over prior loans. I didn't go into all the details but, if true, it would at least help justify some of that cost. And that loan is not convertible.

[OMOLIVES]

lol...I was just talking about outrageous coupons yesterday. That's a 36% coupon..lol. Definitely more to that story....that's more than just a coupon .