Replies to post #23532 on Strategic Global Investments, Inc. (STBV)

[rverboatgambler]

If STBV had been $1 a share with only 10,000,000 shares outstanding, then they could have arranged the financing something like this:


30,000,000 shares issued at .10 = $3,000,000 (Worst case)

But the trouble is that when you are trading at .003 per share, the Financiers take advantage of the Companys weakness and need.

Remember the dreaded Convertible Debenture "Financings" of the late 90s with the sliding scale conversion feature?

-Or compare it with the Florida hardware stores that gouge people needing plywood and generators as the hurricanes approach.

Rver