Posted On: 04/02/2016 11:05:48 PM
Post# of 15187
Any number I give would be a rough estimate at the time the conversions were stopped. But what you don't seem to understand is at that time the lowest bid price was $0.0001. And the noteholders got their shares at a roughly 50% discount to that price so how much debt would it have taken to use up the authorized and force the RS? What would have happened when the bid went to $0
![](/m/images/thumb-up.png)
![](/m/images/thumb-down.png)
Scroll down for more posts ▼