Replies to post #26251 on United States Oil and Gas Corp (fka USOG)

[bigtoe1963]

And Der knows full well that is true here as well March issued shares can't hit the market til end of Sept.

[100Pips]

This message? the way I understand this is they can convert the note after holding the note for 6 months not that they have to wait 6 months to sell the shares after they have converted. Ack, can you explain what this means?

The Notes allowed for conversion into shares of the Company’s common stock (the “Common Stock”) following a six month holding period