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 : Microcap Potential Homeruns--Credible, and Reporting
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ted M who wrote (909)6/12/2012 9:40:03 AM
From: Ted M  Read Replies (1) of 1056
 
the third sentence didn't make sense as I read it today. What I was thinking was just that since the conversion price is fixed at .04 and not variable that as long as the company does well we don't have to worry about the price dropping below .04 due to large sales of converted stock. If it were a death spiral even with the company doing well that is a concern because of the potential for shorting. If the company doesn't do well then of course the eventual share sales could push the price down.

Of course on a short term basis OTHER shareholders can always decide they want out due to this dilution and push the price down to whatever price the market decides on.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News