Replies to post #31894 on Marketing Worldwide Corp (MWWC)

[coopaloop21]

They will not. The majority of the increasing O/S will be issuance of convertible notes and then the converting and selling of them. With 22 billion (fully diluted) shares potential, there will need to be some sort of action taken to fix the O/S eventually. Only those who don't understand this are thinking there will be no r/s, no buyback, etc (not that I am very experienced in this stuff myself). Personally, I wouldn't mind if mwwc managed to get bank financing and used that to simultaneously rid themselves of convertible debt and fix the O/S with a buyback. Obviously no bank will touch them until they can at least show a profit for two consecutive quarters that is enough to be meaningful (probably not even then). But at least then they would have a predictable and fair payment plan to go off of, not to mention the benefit of having people interested in buying the stock and not terrified of an r/s right around the corner.

I wonder how the VC firms that lend them money for convertible notes justify giving them money when the 'fully diluted' share potential is 22 billion and the A/S is 5.9 billion or whatever it is exactly lol?

I'm just praying that the second half of 2013 will be turning real operating profit. Then they will have options.

[raven276]

Time will tell if they burn threw them but way down here how often do you see a real company with real contracts and showing some real improvement not alot yet but it is still there nevertheless IMO it is worth the risk to me and I think you and everybody else here don't think they are here because they are bored do ya