Replies to post #10230 on Paradigm Oil and Gas Inc (PDGO)

[Toxic Avenger]

Because these stinky pinkies love to do "deals" with each other so they can PR "progress" and dump some more shares through their death spirals.
"The Company has entered into a series of Short Term Interest Bearing Convertible Notes. The note plus interest can be converted in whole or in part to common shares at the holder's option at the later of the maturity date or the default date. The Conversion price is calculated as 55% of the market price which is determined by averaging the lowest 3 day closing price over the last 10 trading day period ending one trading day prior to the day the conversion notice was sent by facsimile. "
http://www.otcmarkets.com/financialReportViewer?symbol=PDGO&id=114133