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Here is an example of toxic financing, $40 to .000

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Post# of 154550
(Total Views: 585)
Posted On: 05/01/2019 2:33:50 PM
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Posted By: trding
Re: lorbas #2343
Here is an example of toxic financing, $40 to .0001. Most sub-penny companies are there due to this. Trading a lot of otc companies, the seller is being very very gentle so far. The price drop to 42c had more to do with the AS increase announcement with silence after than the current seller. Limiting to $350K per month with an option to pay cash helps eliminate this death spiral below. With the share price right now, it is no better than warrants. If they could get the share price back up with good results, the current method would perform much better than warrants because they would be selling shares at 55c without warrants. They need to perform to get the share price back up. I believe we see a spike Friday, we will see.

764556256_toxicdebt.jpg



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