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jonesieatl

09/17/08 10:46 AM

#148792 RE: rwandrw #148788

YAGI gets to convert ....

.... meaning in this case to acquire shares , at a discount to the lowest price in the last 30 days , and then sell at a higher price.

Let's say NEOM trades at .0025 on Oct. 1 , and on Oct. 30 is trading at .005. On 10/30 YAGI can convert some of their preferred shares at a discount to that .0025 price and start trying to sell them at .005.

Instant profits , and the dumping by YAGI dampens any and all upsurges in the PPS.

jonesie