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 : Global Intellicom--Symbol GBIT
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Simon who wrote (763)8/28/1998 8:03:00 PM
From: Ron Harvey  Read Replies (2) of 1096
 
I know that this hedging goes on, typically in spite of promises from convertible holders not to do it. But do you have evidence that this has actually occurred?

Re the question about forthcoming dilution: you've got to assume conversion of the preferred into common, even if the holders don't actually do it. Because holders can exercise it at their option after Nov. 15 (or the company forcing them to), for earnings reporting purposes the company has to report as if all convertibles have been executed. As for out-of-the-money warrants, I don't know
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