Replies to post #47544 on SurgLine International Inc (SGLN)

[BBseller]

Just a propensity for a CEO that draws a salary off of the backs of the notes. Every penny stock since the beginning of time has touted just 1% of a billion dollar market. Reality is there is 800k in debt which will likely all be floorless converts. 6b os does nothing to help. Preferred just proves the fact they are prepared for a reverse. We'll see in 6-18 months what really becomes of this. Haven't seen one yet that didn't reverse with this much os. There certainly will never be an Joliet with the current structure