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 : TSIG.com TIGI (formerly TSIG)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Suzanne Newsome who wrote (26606)4/24/1999 6:16:00 AM
From: Ditchdigger  Read Replies (2) of 44908
 
Morning Suzanne, you did a great DD job..But Henry's reference <He says most convertible debentures have a ceiling.> is not true. Very rarely does a floorless have a ceiling..Generally if a placement has a ceiling, it will also have a floor..This type of financing is last effort financing,usually placed by companies who's backs are to the wall..After the recent 10K,,it appears to me, their backs have been shoved tighter to that wall...I look for further dilutive financing.An institution would most likely require a cleaning of the books before lending this company money.(I still look for a reverse split down the road...)DD
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