SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : EXSO -- Consolidated Eco-Systems (Exsorbet Industries)
EXSO 0.00010000.0%Mar 7 3:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: E Newman who wrote (492)7/23/1997 2:15:00 AM
From: wolfdog2   of 5015
 
Newman, read what you wrote more carefully. They issued $5 million in DEBENTURES. The debentures are in turn convertable into $5 million worth of SHARES. The number of shares to be issued depends on the price of the shares at the time of conversion. If the conversion price were $.05, divide .05 into 5,000,000 and that will give you the number of shares, assuming all were to be converted at that price.

Enough posts for one night. If the stock is as fruitful as this board is prolific, we'll all be rich.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext