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markdm21

08/23/11 12:07 PM

#24762 RE: pipedreamz76 #24760

Haven't they defaulted on a bunch of things? Wouldn't that create a problem getting traditional financing? And even if they got it, wouldn't that make the rate a lot higher? So would they even want traditional financing at this point, or would they rather keep pumping in new shares?

I want a real plan from management...soon.
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ID Supermoney

08/23/11 1:12 PM

#24773 RE: pipedreamz76 #24760

This is NOT likely!!

The converts will want their shares at 50% discount and their future warrants!!

These warrants will actually become more of a problem in the future!! More than we all realize!!

Only way is for company to BUY BACK shares!! and with NO REVENUE!!

Not likely at this time!!

A/S increase or R/S coming!!!





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