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Microcap & Penny Stocks : 10-Bagger MINIMUM Rise from July 1, 2005 until December 31, -- Ignore unavailable to you. Want to Upgrade?


To: KaiserSosze who wrote (937)11/24/2005 11:55:05 AM
From: SGJ  Respond to of 1694
 
He could have taken more stock though, or preferred stock. Interesting that he chose common and restricted at that.
Its like a convertible with a twist. I will lend you money and then I can convert to common at twice the market price?



To: KaiserSosze who wrote (937)11/24/2005 12:56:03 PM
From: Cactus Jack  Respond to of 1694
 
They also don't have any cash, so he probably didn't have much choice...

Presumably, he had a choice about the number of shares he received in exchange.