Replies to post #9774 on Spectra7 Microsystems Inc (SEV)

[CleverAces]

I think management/board waiting until the company needs emergency funding to do a private placement, as opposed to being more proactive when there was momentum in the market, has basically screwed retail investors. Those participating in the private placement undoubtedly used the dire situation to their advantage to scoop up a huge % of the company. When company was trading at 60 cents a share, PP insiders could not have scooped shares at 11 cents

[yp_1]

Piss off with your congratulations, seriously...

[jacksonjohn]

I guess you are now SEV's new friend (ex Future?)!!

[prototype_101]

SVE, how many shares will the forced convertible debt add to the share count? and do you expect them to do a 2nd tranche, and if so, how many shares does that add?

40 million shares today

plus 102 million PP shares
plus 102 million PP warrant shares

plus ??? convertible debt conversion shares

plus ??? 2nd tranche shares (and warrants)

final O/S shares after all this settles will be ????