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Posted On: 08/30/2017 9:46:22 AM
Post# of 468
Re: Pellinator #440
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Company is under $32 million debt , and $35 million net loss , just did 1/4 Reverse Split , A/S is just recently doubled, increased to 1 Billion shares ( from 500mil. ) , horrible financial conditions and balance sheet , heavy convertible debt dumping is in progress , BUYER BEWARE until the debt is significantly lowered or completely gone
$15.2 million convertible debt due in October 2017 = equal to 1.2 Billion!!! shares at current share price , So another Reverse Split highly likely for debt holders to get paid , once the A/S maxed out , again! , at least partially
Company lost $12 mil. just this 2nd Qtr. alone!
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So he just post his own OP on the front page in bold font colored where there should only be information about the company not OP's... SMH
Company is under $32 million debt , and $35 million net loss , just did 1/4 Reverse Split , A/S is just recently doubled, increased to 1 Billion shares ( from 500mil. ) , horrible financial conditions and balance sheet , heavy convertible debt dumping is in progress , BUYER BEWARE until the debt is significantly lowered or completely gone
$15.2 million convertible debt due in October 2017 = equal to 1.2 Billion!!! shares at current share price , So another Reverse Split highly likely for debt holders to get paid , once the A/S maxed out , again! , at least partially
Company lost $12 mil. just this 2nd Qtr. alone!
"
So he just post his own OP on the front page in bold font colored where there should only be information about the company not OP's... SMH
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