Replies to post #12980 on Seaniemac International Ltd (fka BETS)

[yellowdog1]

You need to do a little more reading. Wow. WOof.

[Drugdoctor]

Because each share is 100 shares of common shares... As we have already seen, they have sold shares convertible to .01 to investors... This is a GOOD THING!

[bornlong]

Price on preferred is irrelevent. $1 just make the front end calculation easier. Its the conversion rate and other convenants that matter.