Posted On: 12/03/2014 12:16:25 PM
Post# of 9964
Re: cmthekid2690 #7571
I'm sure the convertible holders are well protected based on whatever the cash basis to conversion is. MRIB will just have to issue more shares to meet the commitment. Par value, shmar value. Instead of getting 10 million at a basis of $.001 they get 20 million when it hits $.0005.
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