InvestorsHub Logo

tigerpac

09/13/12 11:57 AM

#44 RE: renoldman #43

Be careful here as convertible preferred offerings typically wind up being nothing more than a vehicle to allow that same investor to short the stock at will all the way down to zero. He could make far more than the $6 million invested.

Hope it's different here but we'll see in a year.

Too bad the company went all in with Lowes and failed. It was a chance they had to take but the product was just not up to par.