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Spartak

03/25/10 10:25 AM

#44662 RE: Toxic Avenger #44658

Of course it's frustrating and all this convertible financing is like shooting yourself in the foot, but PK has no choice. The only thing can save company from issuing more preferred shares and diluting shareholders to death is increasing sales from Mexcor. Not a new launch (Rheingold), not useless PR that will drive the stock price up 100% just to slam it down 150% in the next month. SALES. ONLY HOPE.
But, I'm more comfortable knowing Mexcor handles production and distribution (crucial stages) and will continue adding on the dips. I feel like the worst (15K Quarter) is behind.
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freebies

03/25/10 11:29 AM

#44665 RE: Toxic Avenger #44658

question.. may be a stupid question..

If I am a big investor (I hope I am but I am not.. LOL) I want to get as much return as possible on my investments. It doesn't make any sense (for me atleast) that the big investors to convert to stock at 1 cent and turn-around and sell at 1.5 cents even after they know that they can make substantial returns if they are patient for few months.

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CorpKid

03/25/10 11:39 AM

#44666 RE: Toxic Avenger #44658

converting interest, the way I read it. should stop after Rights Offering.