If they chose to sell the share price has to go down, right? It's simple supply and demand. Supply will go up by 35,000,000 without any increase in demand, that equals a much lower pps.
I will just hold my profits in other stocks longer to see how this affects us before I increase my positions over here. I don't think this will hurt the company, just our positions in the short term. If magika is released with favorable reception that 35 mil will be absorbed quickly, then it's business as usual.
Can anyone answer this. I thought these were not convertible until 4/15/2014? And why was it increased by 140%. Did REDG default in some way?
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