$PNOW BLOG ~~~ Proof Is In the Pudding ( See yours
Post# of 63699
http://www.purenow.solutions/proof-is-in-the-pudding/
Dilutive Effects Of Toxic Legacy Debt Has Come to a Wonderful End!
Hannibal Buress may have caused the demise of an iconic Bill Cosby, but nothing can erase the commercialization of the phrase Cosby made legendary…, “The Proof is in the Pudding.”
In a twist of ironic tragedy, the same phrase can be a play on his recent ordeal. Luckily, we’re not here to talk about Buress, Cosby or Jell-O Pudding. We’re here to discuss the fact that there has been no… absolutely no, debilitating dilution in our market in roughly 60 Days. NONE!
Simply put, the Debt Repurchase Program is working, and the proof is in the pudding! See for yourself.
* Over 31 Weeks (Jun thru Dec) – a total of 1,342,359,985 free trading common shares were issued due to toxic debt conversions made by over a dozen debtholders.
* 150 trading days (minus weekends and holidays) – an average of 8,949,066 free trading shares relentlessly diluted the market on a daily basis – from these same toxic debt conversions
Sadly, convertible noteholders do not usually sell their stock holdings [systematically] over long periods of time. Heck! You’re lucky if they even hold the shares for 48 hours.
In other words, if a debtholder converted their debt into 50M shares from a toxic convertible position on a Monday… you could almost bet your bottom dollar, the entire position will be completely sold into the open market by close of business Friday. Then, they’d be back for more… Now that is toxic!
$EXPE $PCLN $TRIP