Posted On: 09/25/2014 9:46:55 AM
Post# of 4274
There are no guidelines for how cheap shares can be when the company is
not SEC reporting. Companies like Asher have been doing it from the start
of the OTC.
Asher gets upwards of 80% at times. Also, I have bought a dozen convertible
notes from companies over the last 2 years. All were 60% to market over 10
trading days, average of the lowest 3 days.
So in reality, you can get 90% discounts sometimes.
It's all in the terms of the debt agreement. Loop holes.
Some companies even get away with issuing shares at par value... now that
IMO is a joke.
not SEC reporting. Companies like Asher have been doing it from the start
of the OTC.
Asher gets upwards of 80% at times. Also, I have bought a dozen convertible
notes from companies over the last 2 years. All were 60% to market over 10
trading days, average of the lowest 3 days.
So in reality, you can get 90% discounts sometimes.
It's all in the terms of the debt agreement. Loop holes.
Some companies even get away with issuing shares at par value... now that
IMO is a joke.
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